Which of the following is the primary objective of managerial accounting?
A) providing information that managers need to make operational decisions
B) providing historical data to investors and creditors
C) providing summarized results of operations
D) providing information to comply with laws and regulations of government bodies

Question

Quizplus · Accepted Answer

The primary objective of managerial accounting is to provide information to internal managers to make operational decisions, such as budgeting, forecasting, and performance measurement. Option B relates to financial accounting, C relates to financial reporting, and D relates to compliance accounting.

Which of the Following Is the Primary Objective of Managerial