Which of the following is not an objective of managerial accounting?
A) To prepare external reports for investors, creditors, government agencies, and other outside users.
B) To provide information for costing of services, products, and other objects of interest to management.
C) To provide information for planning, controlling, evaluating and continuous improvement.
D) To provide information for decision making.

Question

Quizplus · Accepted Answer

Managerial accounting is focused on providing information to internal users, such as managers, for decision making, planning, controlling, and evaluating performance. It is not concerned with preparing external reports for outside users, which is the realm of financial accounting.

Which of the Following Is Not an Objective of Managerial