Managers use management accounting information to: A) communicate, develop, and implement strategies. B) help external users such as investors, banks, regulators, and suppliers. C) communicate a firm's financial position to investors, banks, regulators, and other outside parties. D) ensure that financial statements are consistent with the SEC rules.
Managers use management accounting information to: A) communicate, develop, and implement strategies. B) help external users such as investors, banks, regulators, and suppliers. C) communicate a firm's financial position to investors, banks, regulators, and other outside parties. D) ensure that financial statements are consistent with the SEC rules.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 12CYBK: Which one of the following components of internal control over financial reporting sets the tone for...
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
Transcribed Image Text:Managers use management accounting information to:
A) communicate, develop, and implement strategies.
B) help external users such as investors, banks,
regulators, and suppliers.
C) communicate a firm's financial position to investors,
banks, regulators, and other outside parties.
D) ensure that financial statements are consistent with the
SEC rules.
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