Managerial accounting focuses on internal decision making.

Name: Managerial accounting focuses on internal decision making.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Managerial accounting is focused on providing financial information to management for decision-making purposes within the organization. It involves the use of financial data and analysis to support internal decision making and business strategy. Therefore, it is primarily concerned with providing information to management rather than external stakeholders.

Managerial Accounting Focuses on Internal Decision Making