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Question 4 (2 points)E hich of the following is true of managerial accounting? The primary users of managerial accounting reports are external users Managerial accounting reports are internat reports issued as frequently as the need arises . The purpose of managerial accounting reports is to provide general purpose financial information for all users. Managerial accounting reports must be prepared according to GAAP Save Question 5 12 points B Which of the following is true of managerial accounting? The primary users of managerial accounting reports are internal users serial accounting reports are classified financial statements issued quarterly and The purpose of managerial accounting reports is to provide general purpose financial Vanagerial accounting reports must be prepared according to GAAP
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4.) The option is B the Managerial accounting reports are internal reports issued as frequently as the need arises.The primary users of management accounting reports are the internal users and not external users.management accounting is used for planning and budgeting to facilitate the process of decision making.They are prepared through out the accounting period as when the need arises.

5.) The option is A the primary users of management accounting reports are internal users and not external users. It helps in evaluating the business operations ,they will help in decision making. hence they are used by the internal users like managers, employees.

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