Author Question: Management accounting ________. (Read 93 times)

bcretired · **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

Alyson.hiatt@yahoo.com · **Reply #1 on:** Mar 6, 2021

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