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Author Question: Managerial accounting is used by managers to (Read 113 times)

mmmmm

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on: Feb 5, 2023

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.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by mmmmm on Feb 5, 2023

Talvinder.Singh

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Reply #1 on: Feb 5, 2023
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mmmmm

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

cdmart10

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

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