Managerial accounting is an area of accounting that provides internal reports to assistthe decision-making needs of internal users.

Question

Quizplus · Accepted Answer

Managerial accounting is focused on providing information and reports to help internal users such as managers and executives make informed decisions. It is designed to provide information that may not be relevant or necessary for external users such as investors or regulators.

Managerial Accounting Is an Area of Accounting That Provides Internal