Which is not a characteristic of managerial accounting

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Question 1: Managerial Accounting and Cost Accounting are two very relevant fields in which managers learn to analyze information important to decision making. Which of the following is not a characteristic of managerial accounting?

Multiple Choice

Option 1: Information is used by internal parties.

Option 2: Information is subjective, relevant, and future-oriented.

Option 3: Reports are prepared as needed.

Option 4: Information is reported for the company as a whole.

Reference no: EM132528620

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