________ is designed to meet the needs of internal decision makers.
A)Tax accounting
B)Managerial accounting
C)Financial accounting
D)Audit accounting

Question

Quizplus · Accepted Answer

Managerial accounting is specifically designed to provide information and analysis to internal decision makers such as managers, executives, and employees. It focuses on providing information for planning, controlling, and decision-making purposes within an organization. Tax accounting focuses on compliance with tax laws, financial accounting is focused on external reporting, and audit accounting is focused on verifying the accuracy and completeness of financial statements.

________ Is Designed to Meet the Needs of Internal Decision