________ calls attention to problems and helps managers carry out the planning, decision making, and controlling functions.
A) Budgeting
B) Financial accounting
C) Auditing
D) Managerial accounting
E) Generally accepted accounting principles

Question

Quizplus · Accepted Answer

Managerial accounting provides information to managers to help them plan, make decisions, and control their operations. It focuses on internal reporting and is used to improve the effectiveness and efficiency of an organization. Budgeting, financial accounting, auditing, and generally accepted accounting principles are all related to accounting, but they have different purposes and audiences.

________ Calls Attention to Problems and Helps Managers Carry Out