The primary objective of managerial accounting is to provide general purpose financial statements to help external users analyze and interpret an organization's activities.

Question

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The primary objective of managerial accounting is to provide information to internal users (such as managers) to assist in decision-making, planning, and controlling an organization's activities. While financial statements may be a part of this information, their main purpose is not to solely serve external users.

The Primary Objective of Managerial Accounting Is to Provide General