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QUESTION Which is a characteristic of managerial accounting? ANSWER Primary focus is external users ( for creditors and investors. ) It summarizes reports prepared primarily

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Which is a characteristic of managerial accounting?
ANSWER
Primary focus is external users (for creditors and investors.)
It summarizes reports prepared primarily on the company as a whole.
Primary focus is internal users (for company's managers.)
The main focus is on reports done in the past.
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