Managerial accounting is primarily concerned with the organization as a whole rather than with segments of the organization.

Question

Quizplus · Accepted Answer

Managerial accounting is concerned with all aspects of the organization, including segments or departments within it. In fact, one of the main purposes of managerial accounting is to provide information for decision-making and performance evaluation at the segment level, allowing managers to identify areas for improvement and make strategic business decisions.

Managerial Accounting Is Primarily Concerned with the Organization as a Whole