Ask Question
BusinessBusiness
27 November, 06:59

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

+3
Answers (1)
  1. 27 November, 09:47
    0
    The correct answer is letter "B": Be tailored to the specific needs of an individual decision maker.

    Explanation:

    Managerial accounting mainly focuses on collecting information from the operations of the firm given a specific period so decisions can be taken according to the situation of the company. If it is not meeting expectations, managers could shape the current strategy to fulfill the specific manager and overall company's objectives.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial accounting ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A Six Sigma level is calculated by which of the following equations
Answers (1)
Gary brings his guitar to a music shop for maintenance. The shop owner tells Gary that the job will take one week. Gary agrees to come back in one week and leaves the guitar with the shop owner.
Answers (1)
Alice and Alan have been married for five years and have two children. In 2018, Alice had wages from her programming job of $65,000 and Alan made $20,000 as a part-time accountant.
Answers (1)
A rightward shift in aggragate Demand (for US) can be caused by which of the following Increase in consumer waelth, increase in taxes, increase in minimum wage, increase in the value of the US Dollor
Answers (1)
Two popular beverage manufacturing companies in different countries merge together to gain strategic advantages. the merger gives each brand access to a significantly larger market.
Answers (1)
New Questions in Business
Quality risk refers to the chance that: a. The project relies on developing new or untested technologies. b. The well-being of the users or developers may decline dramatically. c. The firm's reputation may suffer when the product becomes available.
Answers (1)
How is smith both praiseworthy and suspicious of businessmen's ability to serve the public good?
Answers (1)
The financial records for Harold Corporation included the following information: Accounts receivable, $55,000 Accounts payable, $20,000 Cash, $25,000 Common stock, $25,000 Dividends, $15,000 Sales revenue, $90,000 Salaries and wages expense, $30,000
Answers (1)
Medicaid is federal health insurance program for senior citizens regardless of income. Question 1 options: True False
Answers (2)
California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to purchase 100 shares at a cost of $38 per share. Record the purchase of treasury stock.
Answers (1)
Home » Business » In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial accounting report is more likely to:
Sign Up Forgot Password?