Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all. Budget Creditors Managerial PlanningControlling Financial accounting Shareholders accounting Managers A. US companies must follow GAAP (or International Financial Reporting Standards, IFRS, in the case of companies headquartered in many countries outside of the United States) in their_______. B. Financial accounting develops reports for external parties such as____and_____. C. When managers evaluate the company's performance compared to the plan, they are performing the______role of management.D. ______are decision makers inside a company. E. ______provides information on a company's past performance to external parties.F. ______systems are chosen by comparing the costs versus the benefits of the system and are not restricted by GAAP (or International Financial Reporting Standards, IFRS, in the case of companies headquartered in many countries outside of the United States).G. Choosing goals and the means to achieve them is the_____. H. _____systems report on various segments or business units of the company function of management. I. ______statements of public companies are audited annually by CPAs.

Respuesta :

Answer:

A. Financial Accounting

B. creditors and shareholders

C. controlling

D. Managers

E. Financial Accounting

F. Managerial Accounting

G. planning

H. Managerial Accounting

I. Financial

Explanation:

The accounting and managerial planning goes hand in hand, the entire concept of accounting is to provide information about the financial aspects of a business to various users like: management, shareholders, employees, creditors, loan providers other investment makers.

The accounting is based and legally regulated by CPA's, also it shall be done on the basis of US GAAP.