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Which of the following statements is FALSE? Management accountants must analyze and anticipate the reactions of individuals to the design and introduction of new measurements
Which of the following statements is FALSE? Management accountants must analyze and anticipate the reactions of individuals to the design and introduction of new measurements and systems. A cost concept used for external reporting purposes may not be appropriate for internal, routine reporting to managers. The accounting methods for internal reporting purposes are specified by Generally Accepted Accounting Principles (GAAP). The Standards of Ethical Conduct for management accountants include concepts related to competence, confidentiality, integrity, and credibility
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