Question: 1 . The management process is composed of _ _ _ _ _ _ _ _ _ _ . a . strategic planning, measurement, evaluation,

1. 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
2. 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 as-needed basis.
d. They include only historical data.
abcd

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