...systems than it is of financial ac? Which ONE of the following statements is more true of managerial accounting systems than it is of financial accounting systems?
Have substantial competitive value.
Based on debits and credits.
Rules established by the FASB.
Primarily based on the statement of cash flows.
Use only historical information.
Have substantial competitive value.
Based on debits and credits.
Rules established by the FASB.
Primarily based on the statement of cash flows.
Use only historical information.