Management accounting reports are principally used by managers to:
A)report to shareholders.
B)reconcile with the financial accounting reports.
C)calculate the amount of taxation owed to the government.
D)control the operations of an entity on a regular basis.

Question

Quizplus · Accepted Answer

Management accounting reports are primarily used by managers to control the operations of an entity on a regular basis. These reports provide information about the company's financial and operational performance, which can help managers make informed decisions about resource allocation, cost management, and performance improvement. Management accounting reports are not typically used for reporting to shareholders, reconciling with financial accounting reports, or calculating the amount of taxation owed to the government.

Management Accounting Reports Are Principally Used by Managers To