Get Started
1885

Q: A distinguishing feature of managerial accounting is

  • 1
    general-purpose reports
  • 2
    very detailed reports
  • 3
    quarterly and annual reports
  • 4
    external users
  • Show Answer
  • Workspace

Answer : 2. "very detailed reports"
Explanation :

Answer: B) very detailed reports Explanation: Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of an organization's goals. This branch of accounting is also known as cost accounting.   Hence, the distinguishing feature of managerial accounting is very detailed reports.

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today