Managerial accounting reports historical information often with the purpose of
A)comparing actual results to budgeted results.
B)helping managers to make decisions that will
C)improve the company's past performance.
D)providing information about organizational segments, such as divisions, locations, and product lines.

Question

Quizplus · Accepted Answer

Managerial accounting reports often provide actual results and compare them to budgeted results. This helps managers to identify areas where the company is performing well and areas that need improvement in the future. Historical information is used as a reference point for evaluating current and future performance.

Managerial Accounting Reports Historical Information Often with the Purpose of