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characteristic of management accounting

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Which of the following statements does not describe a characteristic of management accounting:

a. management accounting must conform to GAAP
b. Approximate amounts rather than accurate amounts are used in management accounting
c. management accounting places emphasis on the future
d. managment accounting is more concerned with units of the organization
than with organizations as a whole.

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Solution Summary

Multiple choice regarding management accounting

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Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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