Asked by
Richard Annoh
on Nov 13, 2024Verified
What is the primary criterion for the preparation of managerial accounting reports?
A) relevance of the reports
B) manager needs
C) timing of the reports
D) cost of the reports
Managerial Accounting Reports
Financial documents that provide detailed financial and operational information tailored to the needs of a company's management for decision making.
Relevance
The quality of information that makes it significant and useful for decision-making purposes.
- Comprehend the criteria and purpose for preparing managerial accounting reports.
Verified Answer
PP
Learning Objectives
- Comprehend the criteria and purpose for preparing managerial accounting reports.
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