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1 year ago

Managerial accounting is governed by generally accepted accounting principles (gaap). a. true b. false

Business

1 answer:

diamong [38]1 year ago

3 0

This is a False Statement.

Generally Accepted Accounting Principles (GAAP) need not be followed by managerial accountants when preparing management reports.

Specifically, management accounting aims to

provide Information for internal Organisation managers

providing details to governmental regulating bodies

Information for shareholders, the accounts payable department, and other parties outside the company

information to shareholders, accounts payables, and other parties outside the company, as well as information to management inside the firm.

To Learn more about Management Accounting, Click the links.

brainly.com/question/21597572

brainly.com/question/18414655

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Answer:

Decline

Explanation:

there are four stages of product life cycle

1. introduction

2. growth

3. maturity

4. decline

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3 years ago

Milo decides to invest $1,500 in a savings account every year at the beginning of the year for 10 years. Assuming an interest ra

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Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,

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PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

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2 years ago

On december 31, planet company acquired 80% of the voting common stock of star company by issuing 100,000 shares of its own comm

zavuch27 [327]

Answer:

Building with fair value of $150,000

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3 years ago

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faltersainse [42]

I don’t know but you will get it

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2 years ago

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stiv31 [10]

Answer:

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3 years ago