Join ExamsbookAnswer : 2. "very detailed reports"
A distinguishing feature of managerial accounting is5
Q: A distinguishing feature of managerial accounting is
- 1general-purpose reportsfalse
- 2very detailed reportstrue
- 3quarterly and annual reportsfalse
- 4external usersfalse
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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.