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Which of the following statements is false? a. Managerial accounting sometimes relies on past information. b. Managerial accounting does not need to conform to GAAP.
Which of the following statements is false?
| a. | Managerial accounting sometimes relies on past information. |
| b. | Managerial accounting does not need to conform to GAAP. |
| c. | There is no overlap between financial and managerial accounting. |
| d. | Financial accounting must conform to GAAP. |
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Advanced Financial Accounting
Authors: Richard Baker, Valdean Lembke, Thomas King, Cynthia Jeffrey
8th Edition
73526916, 978-0073526911
