Question: 1 . The management process is composed of _ _ _ _ _ _ _ _ _ _ . a . strategic planning, measurement, evaluation,
The management process is composed of
a strategic planning, measurement, evaluation, and control
b strategic planning, measurement, financial reporting, and auditing
c bookkeeping, financial reporting, financial statement analysis, and auditing
d planning, manufacturing, selling, and market evaluation
abcd
Which of the following is true about managerial accounting reports?
a They are prepared for both external and internal users.
b They must be prepared in accordance with GAAP.
c They are prepared on an asneeded basis.
d They include only historical data.
abcd
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