QUESTION 7 Which of the following is not an objective of managerial accounting? To prepare external reports for investors, creditors, government agencies, and other outside users. To provide information for costing of services, products, and other objects of interest to management. To provide information for planning, controlling, evaluating and continuous improvement. To provide information for decision making, QUESTION 8 Activity-based costing is a less detailed approach to determining the cost of goods and services than traditional cost accounting. True False QUESTION 9 Financial accounting is governed by GAAP. True False Click Save and Submit to save and submit. Click Save All Answers to see all answers