Take a Quiz/Test est: Test Chapters 17 18 19 is Question: 1 pt Which of the foll

Question

Take a Quiz/Test est: Test Chapters 17 18 19 is Question: 1 pt Which of the following is an objective of managerial accounting? 0 A, to provide information to shareholders to assist them with their investment decisions O B. to provide information to business managers to assist them, in controlling their business ° C. to ensure that the reports produced for internal and external business purposes are GAAP compla O D. to generate a company's financial statements for tax reporting Click to select your answe

Explanation / Answer

Dear student, only one question is allowed at a time. I am answering the first question

Managerial accounting focuses on assisting the management in performing its functions by providing information necessary for decision making

So, as per above definition, option B is the correct option

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