What is the name of the branch of accounting concerned with providing managers and administrators with information to facilitate the planning and control of business operations?
A) Financial Accounting
B) Auditing
C) Management Accounting
D) Bookkeeping

Question

Quizplus · Accepted Answer

Management accounting is the branch of accounting that provides managers and administrators with information to facilitate the planning and control of business operations. Financial accounting deals with the preparation and reporting of financial statements for external stakeholders, auditing involves the verification of financial statements, and bookkeeping is the recording and organizing of financial transactions.

What Is the Name of the Branch of Accounting Concerned