Managerial accounting is ________.
A) a systematic examination of a company's accounting system to determine whether its financial reports fairly represent its operations
B) a field of accounting that serves internal users of a company's financial information
C) the rules and procedures governing the content and form of financial reports
D) the field of accounting concerned with external users of a company's financial information

Question

Quizplus · Accepted Answer

Managerial accounting is focused on providing financial information to internal users, such as managers and employees, to support decision making and help improve business operations. While choice A describes an audit, choice C refers to accounting standards, and choice D is more closely related to financial accounting.

Managerial Accounting Is ________