Question

Which of the following is false regarding managerial accounting information? Multiple Choice It is often used...

Which of the following is false regarding managerial accounting information?

Multiple Choice

  • It is often used by investors.

  • It is more detailed than financial accounting information.

  • It can include nonfinancial information.

  • It focuses on divisional rather than overall profitability.

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Answer #1

Ans. Option 1st

Explanation: Managerial information are used by internal users (just like - managers) of the company. Whereas Investors are external users for the company.

The other options are true regarding managerial accounting information.

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