Define Managerial Accounting. Why do managers utilize managerial acc.pdf
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Managerial accounting is a systematic process for collecting, processing, analyzing, interpreting, and presenting accounting information to aid in decision-making. Managers use managerial accounting to make informed decisions based on relevant data. This type of accounting focuses on providing information that is useful for managers in their roles.
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Define Managerial Accounting. Why do managers utilize managerial acc.pdf
- 1. Define Managerial Accounting. Why do managers utilize managerial accounting? Solution Managerial accounting is the planned process of collecting, processing, analyzing, interpreting and presenting accounting and other information for the purpose of aiding decision making. Managers utilize managerial accounting so that they can take decisions based on relevant data analyzed properly.