Managerial accounting applies to each of the following types of businesses except
A) service firms.
B) merchandising firms.
C) manufacturing firms.
D) Managerial accounting applies to all types of firms.

Question

Quizplus · Accepted Answer

Managerial accounting applies to all types of firms. While the focus and methods of managerial accounting may differ slightly depending on the type of business, the principles and techniques used are applicable to all types of firms.

Managerial Accounting Applies to Each of the Following Types of Businesses