Managerial accounting is an activity that provides financial and nonfinancial information to an organization's managers and other internal decision makers.

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Managerial accounting is a type of accounting that focuses on providing financial and nonfinancial information to an organization's managers and other internal decision makers to assist them in making informed decisions. This includes data on budgets, costs, revenues, performance, and cash flows, as well as qualitative factors such as customer satisfaction and employee engagement. The goal of managerial accounting is to help managers make better decisions that will improve the organization's performance and achieve its goals.

Managerial Accounting Is an Activity That Provides Financial and Nonfinancial