Managerial accounting reports
A)use historical information.
B)compare actual results to budged results.
C)project the results of certain decisions.
D)use historical information,compare actual results to budgeted results,and project the results of certain decisions.

Question

Quizplus · Accepted Answer

Managerial accounting reports use historical information to provide context and allow for comparison of actual results to budgeted results. Additionally, these reports can project the results of certain decisions, such as investing in a new product line or implementing cost-saving measures. Therefore, all three options presented in the answer choice are accurate.

Managerial Accounting Reports