Good managerial accounting information helps
A)creditors decide on good credit risks.
B)managers to do their jobs.
C)stockholders make informed investment decisions.
D)creditors assess liquidity.

Question

Quizplus · Accepted Answer

Managerial accounting information is designed to help managers make informed decisions about their business operations. It provides information about the costs of goods and services, budgeting, and financial performance, among other things. While this information can be helpful for other stakeholders like stockholders and creditors, its primary focus is on providing insights for management.

Good Managerial Accounting Information Helps