Characterizing managerial accounting

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Reference no: EM13914026

Which of the following is a FALSE statement characterizing managerial accounting?

a. Focuses on subunits of an entity for internal decision-making.

b. Is forward-looking.

c. Cost accounting is a subset of managerial accounting.

 

d. Involves identifying, measuring, recording, and communicating in dollar terms the economic events and status of an organization.

Reference no: EM13914026

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