________ ________ measures,analyzes and reports financial information and nonfinancial information that helps managers make decisions to fulfill the goals of an organization.

Question

Quizplus · Accepted Answer

Management accounting deals with providing financial and non-financial information to the managers for decision-making purposes, whereas financial accounting is concerned with external reporting to stakeholders. Cost accounting and cost management are subsets of management accounting, focused on analyzing and controlling costs within the organization. Account auditing is a separate discipline focused on assessing the accuracy and reliability of financial information. Therefore, the best choice for this question is B) Management Accounting.

________ ________ Measures,analyzes and Reports Financial Information and Nonfinancial Information

Measures,analyzes and Reports Financial Information and Nonfinancial Information