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Author Question: Decision makers sometimes may need to sacrifice precision for timeliness because (Read 40 times)

M1ch3a

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on: Feb 5, 2023

Question 1

Which of the following statements is not true?
◦ Managerial accounting reports often use historical information.
◦ Managerial accounting does not use estimates in preparing reports.
◦ Managerial accounting reports attempt to project the results of certain decisions.
◦ Managerial accountants use historical amounts in developing future projections.

Question 2

Decision makers sometimes may need to sacrifice precision for timeliness because
◦ receiving highly accurate information after the deadline has passed would be of no help.
◦ the nature of many business decisions requires precision in managerial accounting reports.
◦ receiving highly accurate information after the deadline has passed would enhance decision making for future periods.
◦ the nature of many business decisions focuses on the past rather than the future.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by M1ch3a on Feb 5, 2023

labrinker

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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M1ch3a

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

juliaf

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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