The area of accounting aimed at serving the decision-making needs of internal users is
A)Internal control.
B)Auditing.
C)Managerial accounting.
D)Financial accounting.
E)Marketing.

Question

Quizplus · Accepted Answer

Managerial accounting is focused on providing information to internal users to support decision-making, such as budgeting, performance evaluation, and cost analysis. Internal control and auditing are primarily concerned with ensuring the accuracy and reliability of financial reporting, while financial accounting is focused on providing financial information to external users. Marketing is not directly related to accounting.

The Area of Accounting Aimed at Serving the Decision-Making Needs