The primary purpose of managerial accounting is to ________.
A) help managers perform the control function
B) aid in staffing decisions
C) make manager's lives easier
D) support good decision making

Question

Quizplus · Accepted Answer

The primary purpose of managerial accounting is to support good decision making by providing managers with timely and relevant financial and non-financial information about the organization's performance. This information can help managers make more informed decisions and allocate resources effectively. While managerial accounting can aid in staffing decisions, its primary focus is on providing information to support decision making. The goal is not simply to make manager's lives easier, but to enable them to make better decisions that will benefit the organization as a whole. The control function is also important, but this is only one part of the broader goal of supporting good decision making.

The Primary Purpose of Managerial Accounting Is to ________