Question

proctoring enabled: final exam a ch9, 11-14, 16-18
21
which accounting may use non-gaap internal report?
2 points
multiple choice
financial accounting
government accounting
managerial accounting
tax accounting

Explanation:

To determine which accounting uses non - GAAP internal reports, we analyze each option:

• Financial Accounting: Follows GAAP for external reporting, so it's not the answer.
• Government Accounting: Adheres to specific government - related accounting standards (similar to GAAP - like requirements for transparency and compliance), so it's not the answer.
• Managerial Accounting: Focuses on internal decision - making. It can use non - GAAP reports as it's for internal use and has more flexibility in reporting to meet the needs of management, like for cost analysis, budgeting, etc.
• Tax Accounting: Follows tax laws and regulations, not related to non - GAAP internal reports for internal management purposes.

Answer:

C. Managerial Accounting