Which type of accounting provides information for managers within a company to make informed decisions about financing, investing, marketing, and operating activities?
A) general
B) cost
C) financial
D) managerial

Question

Quizplus · Accepted Answer

Managerial accounting provides internal information to managers within a company to help them make informed decisions about financing, investing, marketing, and operating activities. General accounting refers to the overall recording and reporting of financial transactions, while cost accounting focuses on determining the cost of goods sold and manufactured. Financial accounting is used to prepare external financial statements that are used by shareholders, creditors, and other external stakeholders.

Which Type of Accounting Provides Information for Managers Within a Company