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On the basis of information contained in the reports, the managerial reporting can be divided into

A. Operating reports and financial reports

B. Trend reports and analytical reports

C. Individual activity reports and joint activity reports

D. Internal reports and external reports

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above