Managerial accountants usually do which of the following?
A)prepare and audit tax returns
B)investigate companies for possible violations of law
C)prepare internal reports for management
D)audit financial statements

Question

Quizplus · Accepted Answer

Managerial accountants are responsible for preparing internal reports for management, including cost and budget analyses, forecasting, and performance evaluations. They do not typically prepare or audit tax returns, investigate companies for possible legal violations, or audit financial statements. These tasks are typically performed by other professionals, such as tax accountants, lawyers, and external auditors.

Managerial Accountants Usually Do Which of the Following