asked 156k views
3 votes
.managerial accounting:

A.. preparing budgets and other financial reports
necessary for management.
B.. keeping financial records, recording income and
expenditure, valuing assets and liabilities, etc.
C.inspection and evaluation of accounts by a
second set

asked
User MannyNS
by
8.3k points

1 Answer

3 votes

here is the definition, hope this helps! Managerial accounting is the process of “identification, measurement, analysis, and interpretation of accounting information” that helps business leaders make sound financial decisions and efficiently manage their daily operations, according to the Corporate Finance Institute.

answered
User Digijay
by
8.7k points
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