Managerial accounting information
A) pertains to the entity as a whole and is highly aggregated.
B) pertains to subunits of the entity and may be very detailed.
C) is prepared only once a year.
D) is constrained by the requirements of generally accepted accounting principles.

Question

Quizplus · Accepted Answer

Managerial accounting information is typically used by managers within an organization to make decisions, and therefore must be relevant and specific to the particular subunit or aspect of the business being analyzed. It can be very detailed and tailored to the needs of the decision-makers.

Managerial Accounting Information