Managerial Accounting47.Internal reports must be communicated10 - 5
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48.Financial statements for external users can be described as
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49.Managerial accounting reports can be described asa.general-purpose.b.macro-reports.c.special-purpose.d.classified financial statements.
50.The reporting standard for external financial reports is
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51.Which of the following statements about internal reports isnottrue?
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52.In an analogous sense, external user is to internal user as generally accepted accountingprinciples are to
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53.Internal reports are generallya.aggregated.b.detailed.c.regulated.d.unreliable.
54.A distinguishing feature of managerial accounting is
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55.What activities and responsibilities arenotassociated with management's functions?
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Which type of report does managerial accounting provide financial information for?
What are two major uses of managerial accounting information?
What documents are used in managerial accounting?
Types of Financial Reports | Types of Managerial Reports |
Income statement | Sales reports |
Balance statement | Inventory reports |
Cash flow statement | Departmental reports |