Since internal users have access to all the underlying data used for managerial accounting reports
A)they can create reports that suit their particular decision making needs.
B)there is no need to use financial data in making decisions.
C)both they can create reports that suit their particular decision making needs and there is no need to use financial data in making decisions.
D)neither they can create reports that suit their particular decision making needs nor there is no need to use financial data in making decisions.

Question

Quizplus · Accepted Answer

Internal users have access to all the underlying data used for managerial accounting reports, which means they can create customized reports suitable for their specific decision-making needs. However, financial data is still crucial for decision making, so option B is incorrect. Therefore, the correct answer is (A) they can create reports that suit their particular decision-making needs.

Since Internal Users Have Access to All the Underlying Data