indicate whether each of the following is representative of managerial or of fin
ID: 2359209 • Letter: I
Question
indicate whether each of the following is representative of managerial or of financial accounting. a. information is factual and is characterized by objectivity, reliability, consistency,and accutacy. b. information is reported continuously and ahas a current or future orientation. c.Information is provided to outsiders including investors, creditors, government agencies, analysts, and reporters. d. information is regulated by they SEC, FASB, and other sources of GAAP. e. information is based on estimates that are bounded by relevance and timeliness. f. information is historically based and usually reported annually. g. information is local and pertains to subunits of the organization. h. information includes economic and nonfinancial data as well as financial data. i. information is global and pertains to the company has a hole. j. information is provided to insiders including executives, managers, and operators.Explanation / Answer
indicate whether each of the following is representative of managerial or of financial accounting.
a. information is factual and is characterized by objectivity, reliability, consistency,and accutacy.----financial accounting.
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b. information is reported continuously and ahas a current or future orientation---------.managerial
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c.Information is provided to outsiders including investors, creditors, government agencies, analysts, and reporters.====managerial
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d. information is regulated by they SEC, FASB, and other sources of GAAP.-----financial accounting.
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e. information is based on estimates that are bounded by relevance and timeliness--------.managerial
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f. information is historically based and usually reported annually---------.financial accounting.
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g. information is local and pertains to subunits of the organization--------managerial
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h. information includes economic and nonfinancial data as well as financial data.----------managerial
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i. information is global and pertains to the company has a hole.-financial accounting.
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j. informatio=n is provided to insiders including executives, managers, and operators.----------managerial
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