A distinguishing feature of managerial accounting is
A) external users.
B) general-purpose reports.
C) very detailed reports.
D) quarterly and annual reports.

Question

Quizplus · Accepted Answer

A distinguishing feature of managerial accounting is that it provides very detailed reports to help managers make informed decisions. It is focused on providing information to internal users for decision-making and planning, rather than general-purpose external reporting like financial accounting. Quarterly and annual reports may be produced, but they are not the main focus of managerial accounting.

A Distinguishing Feature of Managerial Accounting Is