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Mackenzie Rockovich
on Nov 13, 2024

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Managerial information is for external as well as internal stakeholders.

Internal Stakeholders

Individuals or groups within an organization who are directly impacted by its actions, decisions, and outcomes, such as employees, managers, and owners.

External Stakeholders

Individuals or groups outside of a company who are affected by or have an interest in its operations, such as customers, suppliers, and the community.

Managerial Information

Information that is relevant and useful to company management for decision-making purposes, often encompassing financial, operational, and strategic data.

  • Understand the nature and purpose of managerial accounting.
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JM
Jazmine MorrisNov 14, 2024
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