Asked by
Sharo Ibrahim
on Nov 13, 2024
Verified
A distinguishing feature of managerial accounting is
A) external users.
B) general-purpose reports.
C) very detailed reports.
D) quarterly and annual reports.
Managerial Accounting
The practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization's goals.
Detailed Reports
Detailed reports provide in-depth analysis and comprehensive details on specific areas of interest within a business, project, or research area.
- Understand the importance of internal reports in the decision-making process of managers and their features.
Verified Answer
LS
Learning Objectives
- Understand the importance of internal reports in the decision-making process of managers and their features.