Question #1
Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for
investors and banks.
internal users of accounting information.
shareholders and creditors.
the Securities and Exchange Commission (SEC).
Question #2
The goal of managerial accounting is to provide information that managers need for
planning, control, and financial reporting.
control, evaluation, and financial reporting.
planning, control, and decision making.
preparing reports for external users.
Question #3
