Internal users are provided information by the following branch of accounting:
A) auditing.
B) managerial accounting.
C) financial accounting.
D) income tax accounting.

Question

Quizplus · Accepted Answer

Managerial accounting provides information to internal users such as managers, employees, and owners to aid in decision making and improving the overall performance of the organization. Auditing, financial accounting, and income tax accounting are more focused on providing information for external users such as investors, creditors, and regulators.

Internal Users Are Provided Information by the Following Branch of Accounting