Management accounting focuses on
A) external reporting.
B) internal reporting.
C) tax preparation.
D) auditing.

Question

Quizplus · Accepted Answer

Management accounting is concerned with producing information for internal use within an organization. It involves providing insights and analysis to help managers make informed decisions and improve business performance. Therefore, option B is the correct choice. Options A, C, and D are incorrect because they do not accurately describe the focus of management accounting.

Management Accounting Focuses on