• 2022-06-17
    All
    of the following are characteristics of management accounting,
    except:
    ()
    A: Reports
    are used primarily by insiders rather than by persons outside of
    the business entity.
    B: Its
    purpose is to assist managers in planning and controlling business
    operations.
    C: Information
    must be developed in conformity with generally accepted accounting
    principles or with income tax regulations.
    D: Information
    may be tailored to assist in specific managerial decisions.