The major reporting standard for presenting managerial accounting information is relevance. generally accepted accounting principles. the cost principle. the current tax law.

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06-06-2017
Business

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The major reporting standard for presenting managerial accounting information is relevance. generally accepted accounting principles. the cost principle. the current tax law.

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andriansp andriansp · Answer 1 · 2017-06-14T12:09:56+02:00

andriansp andriansp

14-06-2017

The answer is GAAP (General Accepted Accounting Principle) for answering the question above. The managerial accounting is the financial recording process for internal usage. A company uses this information for an evaluation and prediction basis. This process must also comply with the GAAP. Thus, GAAP is the most suitable answer.

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