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Multiple Choice Question Managerial information: requires precise information usually not available until after period-end must be audited allows estimates and projections

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Darin

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Answer

D

Explanation

Managerial information is used by managers for decision-making purposes. It often includes estimates and projections, which are necessary for planning and controlling operations. Unlike financial information, which must be precise and audited, managerial information can be more flexible and can include forecasts and assumptions. Therefore, the correct answer is that managerial information allows estimates and projections.

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