In Order to Be Useful to Managers, Managerial Accounting Reports

Multiple Choice

In order to be useful to managers, managerial accounting reports should possess all of the following characteristics except

A) provide objective measures of past operations and subjective estimates about future decisions
B) be prepared in accordance with generally accepted accounting principles
C) be provided at any time management needs information
D) be prepared to report information for any unit of the business to support decision making