) The goal of management accounting is to: a. Help the investors to make decisions b. Help the government to monitor company’s activities c. Help managers to make decisions d. Help bankers to make lending decisions

) The goal of management accounting is to: a. Help the investors to make decisions b. Help the government to monitor company’s activities c. Help managers to make decisions d. Help bankers to make lending decisions

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 6MC: Managerial accounting produces information: to meet the needs of external users that is often...

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7) The goal of management accounting is to:

Help the investors to make decisions

Help the government to monitor company’s activities

Help managers to make decisions

Help bankers to make lending decisions

Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.

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Managerial accounting produces information: to meet the needs of external users that is often focused on the future to meet the needs of investors that follows the rules of GAAP
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