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Which are examples of managerial accounting activities

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Reference no: EM132642497

Problem 1: All of the following are examples of managerial accounting activities except ________.

A. preparing external financial statements in compliance with GAAP

B. deciding whether or not to use automation

C. making equipment repair or replacement decisions

D. deciding whether or not to use automation

Problem 2: Which of the following is not true?

A. Organizations share a common purpose or mission.

B. Organizations have inflows and outflows of resources.

C. Organizations add value to society.

D. Organizations need accounting information.

Reference no: EM132642497

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