In Comparison with a Financial Statement Prepared in Conformity with Generally

Multiple Choice

In comparison with a financial statement prepared in conformity with generally accepted accounting principles,a managerial accounting report is more likely to:

A) Be used by decision makers outside of the business organization.
B) Focus upon the operating results of the most recently completed accounting period.
C) View the entire organization as the reporting entity.
D) Be tailored to the specific needs of an individual decision maker.