Who uses information from an accounting​ system?       A. ​Stockholders, investors, taxing​ authorities, government​ regulators, and other interested parties use internal reporting for investment and​ long-range planning. Managers use external reporting for planning and controlling operations and​ long-range planning.   B. Managers use internal reporting for planning and controlling​ operations, special​ decision-making, and​ long-range planning.​ Stockholders, investors, taxing​ authorities, government​ regulators, and other interested parties use external reporting.   C. ​Managers, stockholders, and taxing authorities use internal reporting for planning and controlling operations.​ Investors, government​ regulators, and other interested parties use external reporting.   D. Managers use internal reporting for planning and controlling​ operations, special​ decision-making, and​ long-range planning. Suppliers and customers use external reporting to plan for supplying product or making purchases.

Q: 3. Compare and contrast the functions of management accounting and financial accountinginthe context…

A: The goal of management accounting, usually referred to as managerial accounting, is to help internal…

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A: Accounting and finance are fields continually changing due to technological breakthroughs,…

Q: Comment about the importance of managerial accounting in the field of banking accountin

A: Banking accounting refers to the technical area of accounting that focuses on recording, assessing,…

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A: Financial reporting is the financial result of an organisation. Financial result include cash flow…

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A: There are different types of accounting such as financial accounting, management accounting, cost…

Q: Explain why signaling is so important to management relations with investors.

A: It is an indicator by the company through a price changes in the dividend that can provide insight…

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A: The interest of stockholders and managers are often not aligned. Stockholders are owners of a…

Q: what are real world issues and problems faced by the financial managers

A: Financial manager is more precisely responsible for procurement of funds at effective cost and…

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A: Controllers refer to a person in a company who managed the financial departments which is helpful in…

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A: Stewardship Function refers to the use of  financal statements by shareholders and investors to…

Q: 1. Indicate whether each of the following statements describes financial accounting or managerial…

A: Solution:- Managerial  Accounting involves analyzing, evaluating, measuring, interpreting, and…

Q: The objectives of financial reporting include which of the following? ·a. Financial reporting should…

A: Financial reporting is reporting of complete useful informations of a company that include financial…

Q: Financial reporting: Multiple Choice O is designed primarily to meet the needs of banks, taxing…

A: Solution: Financial reporting refers to financial results of an organization issue to shareholders…