Managerial accounting is primarily concerned with providing information to external users, while financial accounting is used for internal decision making.

Name: Managerial accounting is primarily concerned with providing information to external users, while financial accounting is used for internal decision making.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Managerial Accounting is used for internal decision making, and Financial Accounting is primarily concerned with providing information to outside users.

Managerial Accounting Is Primarily Concerned with Providing Information to External