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Which of the Following Statements Is True Regarding Managerial Accounting

Question 60

Multiple Choice

Which of the following statements is true regarding managerial accounting information?


A) Managerial accounting information is audited by CPAs.
B) Managerial accounting information emphasizes relevance.
C) Managerial accounting information is prepared annually and quarterly.
D) Managerial accounting information must be prepared in conformity with Generally Accepted Accounting Principles (GAAP) .

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