Indicate whether each of the following characteristics relates to managerial accounting (MA) or financial accounting (FA): a.
Question:
a. Forward looking
b. Publicly reported
c. Complies with accounting standards
d. Usually confidential
e. Reports past performance
f. Uses physical measures as well as monetary ones for reports
g. Driven by user needs
h. Focuses on business decision making
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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