Question
Which of the following is a FALSE statement characterizing managerial accounting? Focuses on subunits of an entity for internal decision-making Is forward-looking Cost accounting is
Which of the following is a FALSE statement characterizing managerial accounting?
| Focuses on subunits of an entity for internal decision-making | |
| Is forward-looking | |
| Cost accounting is a subset of managerial accounting | |
| Involves identifying, measuring, recording, and communicating in dollar terms the economic events and status of an organization. |
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp
7th Edition
0324658052, 978-0324658057
