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Grand Canyon University
Frank H.
Principles of Accounting
8 months, 3 weeks ago
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'Which of the following statements correctly distinguishes between management accounting and financial accounting? A. Financial accounting is oriented toward the future B. Financial accounting is primarily concerned with providing information for internal users: C Management accounting is oriented more toward the planning and, control aspects of management D. Management accounting reports on the whole organization:'
independent auditors' work. B) A management fraud may exist and it is more likely to be detected by independent auditors. C) Poorly designed internal control may be in existence. D) Different interests may exist between the company preparing the statements and the persons using the statements.
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