Management accounting refers to accounting information developed for

Question

Quizplus · Accepted Answer

Management accounting refers to the accounting information that is designed for managers within an organization to make informed decisions about the organization's future. It includes reports on cost, revenue, budgets, and forecasts that are used to plan, control, and evaluate the organization's operations. The other options, such as shareholders, governmental authorities, and loan officers, may require financial statements or other types of accounting information, but they are not the primary users or recipients of management accounting information.

Management Accounting Refers to Accounting Information Developed for