All of the following are characteristics of managerial accounting, except:

Question

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. ts

Ahmed Abdi Mahad · Answer

choice C, is the correct answer for your question. Thanks

Nasir Hussain · Answer

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

C) Information must be developed in conformity with generally accepted accounting principles or with income tax regulations.

Mukesh G S · Answer

Except (D). Used for various decision making and performance management

Ahmed Fawzi · Answer

Of course (c) 
Because it's a characteristic of financial accounting

Gary Adriaan · Answer

Management decisions are based upon the quality, time & cost aspects of any situation, and not the Accounting therof, which follows its own guide lines to determine the profitability of the said operation

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All of the following are characteristics of managerial accounting, except:

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