Which of the following is a characteristic of managerial accounting reports?
A)Managerial accounting reports are designed to provide the internal decision-makers with the appropriate information.
B)Managerial accounting reports require compliance with a particular format.
C)Managerial accounting reports are distributed to the general public.
D)Managerial accounting reports are used by investors.

Question

Quizplus · Accepted Answer

Managerial accounting reports are designed to provide internal decision-makers, such as managers, with the appropriate information to make informed decisions. They are not intended for distribution to the general public or investors and do not have a specific format that must be followed.

Which of the Following Is a Characteristic of Managerial Accounting