Question 1
Good managerial accounting information helps
◦ creditors assess liquidity.
◦ creditors decide on good credit risks.
◦ managers to do their jobs.
◦ stockholders make informed investment decisions.
Question 2
Managerial accounting is used by managers to
◦ provide information used in planning, evaluation and controlling functions, and provide expertise to assist management in an organization's strategy.
◦ assure accountability for an organization's resources, and provides information used in planning, evaluation and controlling functions.
◦ assure appropriate use of an organization's resources, accountability for an organization's resources, and provides information used in planning, evaluation and controlling functions within an organization.
◦ partner with management decision making, devise planning and performance management systems, and provide expertise to assist management in an organization's strategy.
Development Accounting
Horngren's Accounting, 11th Edition
Cost Accounting 14
Principles of Managerial Finance, 14th Edition
Accounting
MANAGEMENT ACCOUNTING