BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Managerial accounting focuses on internal users-executives, product managers, sales managers, and any other personnel within the organization who use accounting information to make important decisions. Managerial accounting information need not conform with U.S. GAAP.

Detailed explanation-2: -This is the correct option because mandatory external reports are not a characteristic of management accounting. The characteristic of management accounting is objectivity, comparability, reliability, and relevance.