Which Statement Is True Regarding Managerial And Financial Accounting. It must be prepared using generally accepting accounting principles. Financial accounting must follow them.
Managerial accounting has a future focus. Managerial accounting assists management decision making planning and control. Which of the following statements is true about managerial accounting.
Managerial accounting need not follow generally accepted accounting principles while.
B Managerial accounting reports must follow GAAP. Managerial accounting is generally more precise. Which of the statements is true about managerial accounting. For example financial accounting.
