Question

Which of the following is true of managerial accounting?

a. Managerial accounting aims at providing information for controlling the organization's actions.
b. Managerial accounting is the provision of accounting information for a company's external users.
c. Managerial accounting provides historical information.
d. Managerial accounting is subject to rules for external financial reporting.

Answer 1

a. To provide information for controlling the organization's actions,