Managerial accounting is also called
A) management accounting.
B) controlling.
C) analytical accounting.
D) inside reporting.

Question

Quizplus · Accepted Answer

Managerial accounting is also known as management accounting, which refers to the process of identifying, measuring, analyzing, interpreting, and communicating financial information for internal use by managers to help them make informed decisions that will improve the organization's overall performance. Controlling and analytical accounting are both broad terms that may encompass aspects of managerial accounting, but they do not fully capture the scope of this field. Inside reporting is not a commonly used term in accounting.

Managerial Accounting Is Also Called