Asked by Elyssa Arcibal on Apr 26, 2024
Verified
Management accountants would not
A) assist in budget planning.
B) prepare reports primarily for external users.
C) determine cost behavior.
D) be concerned with the impact of cost and volume on profits.
Management Accountants
Professionals who provide financial data and analysis to managers within organizations to aid in business decision-making.
Budget Planning
Budget planning involves creating a detailed plan that maps out a company's financial expectations and how resources will be allocated.
Reports
Written documents that summarize financial data and business activities, used to communicate information to stakeholders.
- Acquire knowledge about the goals and duties of managerial accounting.
- Acquire knowledge about the variance between managerial and financial accounting with respect to their purposes, users, and report details.
Verified Answer
Learning Objectives
- Acquire knowledge about the goals and duties of managerial accounting.
- Acquire knowledge about the variance between managerial and financial accounting with respect to their purposes, users, and report details.
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