All of the following are features of managerial accounting except:

A. information includes economic and non-financial data as well as financial data.
B. information is provided primarily to insiders such as managers.
C. information is characterized by objectivity, reliability, consistency, and accuracy.
D. information is reported continuously with a present or future orientation.


Answer: C

Business

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Indicate whether the statement is true or false

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Which of the following is not a characteristic of the legal environment of business?

A) adherence to autocratic doctrine B) critical thinking skills C) an understanding that the law is dynamic D) real-world problems

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Warranties on presentment are the same regardless of who is the payor or acceptor

a. True b. False Indicate whether the statement is true or false

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a. Landrum-Griffin Act of 1959 b. Civil Rights Act of 1964 c. National Labor Relations Act of 1935 d. Interstate Commerce Act of 1887 e. Equal Pay Act of 1963

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