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    Managerial Accounting Study Set 1
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    Exam 1: The Changing Role of Managerial Accounting in a Dynamic Business Environment
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    Financial Accounting Focuses Primarily on Reporting
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Financial Accounting Focuses Primarily on Reporting

Question 12

Question 12

Multiple Choice

Financial accounting focuses primarily on reporting:


A) to parties outside of an organization.
B) to parties within an organization.
C) to an organization's board of directors.
D) to financial institutions.
E) for financial institutions.

Correct Answer:

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