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Which of the following statements is FALSE? 1) Management accounting information is only used by manufacturing organisations. 2) The process of choosing among competing alternatives

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Which of the following statements is FALSE? 1) Management accounting information is only used by manufacturing organisations. 2) The process of choosing among competing alternatives is decision making. 3) Management accounting is designed primarily for internal users. 4) Financial accounting is governed by GAAP. Next Page Page 2 of 20

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