Accountıng I Deneme Sınavı Sorusu #1313554
Which of the following is true for managerial accounting?
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It is the main tool to answer the questions asked by external users. |
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Creditors use it to evaluate the risks of lending money. |
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Investors buy or sell stocks based on information derived from managerial accounting. |
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It is used to produce internal reports to help internal users in their decision making process. |
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It is used to analyze the company’s ability to fulfill its obligations. |
Yanıt Açıklaması:
Internal users can also need some detailed information which is not ready to use in basic and standardized financial statements. In these cases, managerial accounting procedures are applied to produce internal reports to help internal users in their decision making process.
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