Q10.9 Management reports: a. Must follow a set of rules specified by Generally Accepted Accounting Principles b. Must follow the rules specified by the Internal Revenue Service c. Must follow the rules specified by vendors d. Do not have to follow a specified set of rules

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q10.9
Management reports:
a. Must follow a set of rules specified by Generally Accepted Accounting Principles Horo
b. Must follow the rules specified by the Internal Revenue Service
c. Must follow the rules specified by vendors
d. Do not have to follow a specified set of rules
Q10.10
Management reports include:
a. Customer Profitability reports
b. Accounts Receivable Aging reports
Transcribed Image Text:Q10.9 Management reports: a. Must follow a set of rules specified by Generally Accepted Accounting Principles Horo b. Must follow the rules specified by the Internal Revenue Service c. Must follow the rules specified by vendors d. Do not have to follow a specified set of rules Q10.10 Management reports include: a. Customer Profitability reports b. Accounts Receivable Aging reports
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