Internal parties receive information about past performance from
A)audit reports.
B)budget reports.
C)planning reports.
D)managerial accounting reports.

Question

Quizplus · Accepted Answer

Internal parties such as managers and executives typically receive information about past performance through managerial accounting reports. These reports provide detailed information about a company's financial performance and are used for decision-making and other internal purposes. While audit reports, budget reports, and planning reports may provide some information about past performance, they are not typically used by internal parties in the same way that managerial accounting reports are.

Internal Parties Receive Information About Past Performance from