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Which of the following statements is true? The report generated in managerial accounting is primarily for internal users. Managerial accounting should provide information that is

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Which of the following statements is true? The report generated in managerial accounting is primarily for internal users. Managerial accounting should provide information that is comparable across firms. Managerial accounting follows generally accepted accounting principles (GAAP) for reporting purposes The primary goal of financial accounting is to provide useful information for decision making within the What is the purpose of job order costing/2-stage costing systems? To draw pretty pictures with lots of boxes and arrows. To assign all direct costs to products, so that we can calculate contribution margin. To allocate indirect costs to products, so that we can estimate product profitability including both direct and indirect costs. The Willie Sutton Rule: Go where the money is

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