Question

In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial accounting report is more likely to: Select one: a. Focus upon the operating results of the most recently completed accounting period. b. Be used by decision makers outside of the business organization. can. Be tailored to the specific needs of an individual decision maker. d. View the entire organization as the reporting entity.

Answer 1

Answer:

Be tailored to the specific needs of an individual decision maker.

Explanation:

A managerial account report is more likely to be tailored to the specific needs of an individual decision maker. This is usually In comparison with a financial statement prepared in conformity with generally accepted accounting principles,

The managerial account lays its focus on specific needs which the decision maker needs.

It doesn't do any of theses;

Focus upon the operating results of the most recently completed accounting period neither does it View the entire organization as the reporting entity.