Author Question: Managerial accounting is used by managers to (Read 117 times)

kckanistras · **on:** Feb 5, 2023

Question 1

Which of the following is not a way managers use managerial accounting?
◦ Communicate information to stockholders
◦ Provide information used in planning, evaluation and controlling functions
◦ Partner with management decision making
◦ Assure accountability for an organization's resources

Question 2

Managerial accounting is used by managers to
◦ decide the long-term direction of a company and comply with GAAP.
◦ generate and analyze relevant information to support managers' strategic decision making.
◦ plan, evaluate, and control financial statements and to assure appropriate use of and accountability for organizational resources.
◦ focus on past results to aid in decision making for managers.

senorfranco · **Reply #1 on:** Feb 5, 2023

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