Managerial accounting is most concerned with meeting the needs of internal users.

Question

Quizplus · Accepted Answer

Managerial accounting focuses on providing financial information and analysis to internal users such as managers and decision-makers within an organization. This helps in making informed decisions regarding operations, planning, and control within the organization. Therefore, managerial accounting is most concerned with meeting the needs of internal users rather than external users such as investors or creditors.

Managerial Accounting Is Most Concerned with Meeting the Needs of Internal