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Author Question: Management accounting ________. (Read 57 times)

bcretired

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on: Mar 6, 2021

Question 1

Financial accounting provides the primary source of information for ________.
◦ decision making in the assembly and finishing department
◦ improving distribution and customer service
◦ preparing the income statement for shareholders and other external  parties
◦ planning next year's plans and specifically; the operating budget

Question 2

Management accounting ________.
◦ focuses on estimating future revenues, costs, and other measures to forecast activities and their results
◦ provides information about the company as a whole
◦ reports information that has occurred in the past that is verifiable and reliable
◦ provides information that is generally available only on a quarterly or annual basis
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by bcretired on Mar 6, 2021

Alyson.hiatt@yahoo.com

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Reply #1 on: Mar 6, 2021
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bcretired

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

bdobbins

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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