Decision makers sometimes might need to sacrifice precision for timeliness because
A) receiving highly accurate information after the deadline has passed would be of no help.
B) the nature of many business decisions does not require precision in managerial accounting reports.
C) both receiving highly accurate information after the deadline has passed would be of no help and the nature of many business decisions does not require precision in managerial accounting reports.
D) neither receiving highly accurate information after the deadline has passed would be of no help nor the nature of many business decisions does not require precision in managerial accounting reports.
Correct Answer:
Verified
Q42: GAAP "rules" govern how transactions are
A)valued.
B)recorded.
C)presented.
D)valued,recorded,and presented.
Q44: Most managerial decisions are made at which
Q45: Which of the following is not a
Q45: The basic financial statements always report on
Q46: All public companies that are traded on
Q47: An example of an external user is
Q48: Which of the following statements is not
Q49: The information provided by managerial accountants is
Q50: Managerial accounting is designed to assist managers
Q59: Long-term planning is often referred to as
A)strategic
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