Managerial accounting reports historical information,often with the purpose of comparing actual results to budgeted results.

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Managerial accounting does indeed report historical information, and one common reason for doing so is to compare actual results to budgeted results. This can help managers identify areas where they may need to adjust their operations to improve performance in the future. However, it's worth noting that managerial accounting can also provide other types of information, such as forecasts, performance metrics, and analysis of various business activities.

Managerial Accounting Reports Historical Information,often with the Purpose of Comparing