Which statement is false about the uses of managerial accounting?
a. Managerial accounting helps a company evaluate the performance of company decisions.
b. Managerial accounting cannot be used to determine how many products need to be sold in order to cover recurring costs.
c. Managerial accounting is used to support long-term planning decisions.
d. Managerial accounting helps users run the day-to-day operations of the business.
b
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