In a broad sense, management accounting can best be defined within the accounting system as A. Internal reporting that may be used in making non-routine decisions and in developing plans, and controlling functions. B. External reporting to government, various outside parties and shareholders C. Internal reporting for use in management planning and control focused on product costing function to satisfy external reporting requirement. D. Internal reporting for use in planning and controlling routine operations (Choose letter only)
In a broad sense, management accounting can best be defined within the accounting system as A. Internal reporting that may be used in making non-routine decisions and in developing plans, and controlling functions. B. External reporting to government, various outside parties and shareholders C. Internal reporting for use in management planning and control focused on product costing function to satisfy external reporting requirement. D. Internal reporting for use in planning and controlling routine operations (Choose letter only)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In a broad sense,
A. Internal reporting that may be used in making non-routine decisions and in developing plans, and controlling functions.
B. External reporting to government, various outside parties and shareholders
C. Internal reporting for use in management planning and control focused on product costing function to satisfy external reporting requirement.
D. Internal reporting for use in planning and controlling routine operations
(Choose letter only)
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