Managerial accounting gathers, summarizes, and reports the cost and revenue data relevant to decisions.

Name: Managerial accounting gathers, summarizes, and reports the cost and revenue data relevant to decisions.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Managerial accounting is concerned with providing relevant and timely financial information to support decision-making within an organization. This includes gathering, summarizing, and reporting cost and revenue data to assist managers in making informed decisions.

Managerial Accounting Gathers, Summarizes, and Reports the Cost and Revenue