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

kckanistras

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

senorfranco

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Reply #1 on: Feb 5, 2023
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kckanistras

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
Excellent

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