Managerial accounting information includes all of the following except: financial statements prepared in accordance with generally accepted accounting principles. performance evaluations, for example budget-to-actual reports. cost reports. budgets.

Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

Managerial accounting information includes all of the following performance evaluations, for example budget-to-actual reports, cost reports and budgets except financial statements prepared in accordance with generally accepted accounting principles.

Hence, managerial accounting information is normally provided to managers whenever they need or require it because they are a part of the internal decision makers. Managerial accounting typically comprises of both non-monetary and monetary informations about an organization.

Basically, financial statements prepared in accordance with generally accepted accounting principles are referred to as financial accounting.

bratislava bratislava · Answer 2 · 2022-01-18T12:37:44+01:00

bratislava bratislava

18-01-2022

Managerial accounting is typic of accounting that creates the reports and documents. It helps the management in making the decision relate to the business.

It is mainly used for internal purposes. It also focus on making future projections.

Hence the cost reports. budgets is correct.

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