Managerial accountants usually do which of the following?
A) audit financial statements
B) prepare tax returns and audit the returns
C) establish accounting policies
D) investigate companies for possible violations of law

Question

Quizplus · Accepted Answer

Managerial accountants are primarily responsible for establishing accounting policies and procedures that help businesses operate more efficiently and effectively. They also provide key financial information to managers to help them make informed decisions about the future direction of the company. They do not typically audit financial statements, prepare tax returns, or investigate possible legal violations.

Managerial Accountants Usually Do Which of the Following