Managerial costing should aid managers in their analysis and decision-making.

Name: Managerial costing should aid managers in their analysis and decision-making.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Managerial costing is a tool that helps managers analyze costs and make decisions that will benefit the organization. It provides information on costs associated with various activities, products, or services, so that managers can determine the best course of action to optimize performance and maximize profitability.

Managerial Costing Should Aid Managers in Their Analysis and Decision-Making