Adam Zarand wants to help his company decide whether or not to shut down an unproductive plant.Which type of accounting will he MOST LIKELY use?
A) managerial
B) tax
C) government
D) financial

Question

Quizplus · Accepted Answer

Managerial accounting focuses on providing information to internal management teams in order to assist with decision-making processes. In this case, Adam Zarand is trying to determine whether or not to shut down a plant, which falls under the realm of managerial accounting. Tax accounting deals with tax regulations and compliance, government accounting is used by government entities, and financial accounting focuses on providing financial information to external stakeholders.

Adam Zarand Wants to Help His Company Decide Whether or Not