Have you ever struggled to answer the question “which of the following is a characteristic of managerial accounting?” in relation to the concept of in relation to the concept of Management? There’s no need to worry about it anymore. This post contains the correct answer to your question.
Which of the following is a characteristic of managerial accounting?
Options:
- a) Emphasizes decisions affecting the future.
- b) Mandatory for external reports.
- c) Need not follow GAAP.
- d) Reports to those inside the organization.
The Correct Answer Is:
- b) Mandatory for external reports.
Conclusion
The answer to your question “which of the following is a characteristic of managerial accounting?” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to “Management Subjects”.