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Which of the Following Statements Is True of Managerial Accounting

Question 10

Multiple Choice

Which of the following statements is true of managerial accounting?


A) The external stakeholders of a company are the primary users of managerial accounting.
B) Managerial accounting information is used to help managers plan and control their operations.
C) An external audit by an independent CPA is required for managerial accounting information.
D) Managerial accounting information must comply with Generally Accepted Accounting Principles.

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