Answered: Management accounting is not an exact…

Management accounting is not an exact science. A lot of information is based on assumptions and making judgements which are subjective O True O False

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter17: Other Services Provided By Audit Firms

Section: Chapter Questions

Problem 26MCQ

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Question

Management accounting is not an exact science. A lot of information is based on assumptions and making judgements which are subjective
O True
O False

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