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Which of the following features is not descriptive of managerial accounting? Select one: a. The analyses and reports must be prepared in accordance with GAAP.
Which of the following features is not descriptive of managerial accounting?
Select one:
a.
The analyses and reports must be prepared in accordance with GAAP.
b.
The focus is on using accounting information to support internal decision-making.
c.
Pricing and production decisions are made using information generated by managerial accounting.
d.
Operating budgets and capital budgets fall within this area of accounting.
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