An organization's employees use managerial accounting data to determine:
A)Who to hire and how to pay them.
B)Which products and services to offer.
C)The prices of products and services.
D)What equipment to purchase.
E)All of the above.

Question

Quizplus · Accepted Answer

Managerial accounting data is used for a variety of purposes within an organization. It is used to make decisions about staffing and compensation (A), as well as product and service offerings (B) and pricing decisions (C). Additionally, managerial accounting data can inform decisions about equipment purchases (D). Therefore, all of the choices listed are correct, making E the best answer.

An Organization's Employees Use Managerial Accounting Data to Determine