Which of the following is not an objective of managerial accounting?
A) Providing information for decision making and planning.
B) Assisting in directing and controlling operations.
C) Maximizing profits and minimizing costs.
D) Measuring the performance of managers and subunits.
E) Motivating managers toward the organization's goals.

Question

Quizplus · Accepted Answer

Managerial accounting focuses on providing information for internal decision making, planning, controlling operations, measuring performance, and motivating managers. Maximizing profits and minimizing costs is a broader business objective that managerial accounting can support, but it is not a primary objective of managerial accounting itself.

Which of the Following Is Not an Objective of Managerial