Which of the following is not a characteristic of managerial accounting?
A) Information is used by external parties.
B) Information is subjective, relevant, future-oriented.
C) Reports are prepared as needed.
D) Information is reported at the decision making level.

Question

Quizplus · Accepted Answer

Managerial accounting information is used primarily by internal parties such as managers and employees. It is subjective, relevant, future-oriented and reports are prepared as needed. External parties rely on financial accounting information.

Which of the Following Is Not a Characteristic of Managerial