Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 14 - Managerial Accounting - Self-Test Questions - Page 777: 1


B - places emphasis on special-purpose information

Work Step by Step

Managerial accounting is not governed by GAAP, is not only limited to cost data, nor does it pertain to an entire entity. This leaves only answer (B), that managerial accounting places emphasis on special-purpose information.
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