The goal of managerial accounting is to provide information that managers need for
A)planning, control, and financial reporting.
B)control, evaluation, and financial reporting.
C)planning, control, and decision making.
D)preparing reports for external users.

Question

Quizplus · Accepted Answer

Managerial accounting provides information for planning, control, and decision making. Financial reporting and preparing reports for external users are typically the domain of financial accounting. Evaluation can be a component of managerial accounting, but it is not the primary goal.

The Goal of Managerial Accounting Is to Provide Information That