Select your language

Suggested languages for you:
Log In Start studying!
Answers without the blur. Just sign up for free and you're in → Illustration


Horngren'S Financial And Managerial Accounting
Found in: Page 884

Short Answer

1. What is the primary purpose of managerial accounting?

Managerial accounting is a field of accounting that has the purpose of providing information to managers and employees.

See the step by step solution

Step by Step Solution

Step 1: Definition of  managerial accounting

Managerial accounting is defined as the field of accounting which focus on providing information for internal decision-makers.

Step 2: Purpose of marginal accounting

Managerial accounting has the main purpose of providing the relevant information to the managers and employees to plan, direct, and control operations.

Most popular questions for Business-studies Textbooks


Want to see more solutions like these?

Sign up for free to discover our expert answers
Get Started - It’s free

Recommended explanations on Business-studies Textbooks

94% of StudySmarter users get better grades.

Sign up for free
94% of StudySmarter users get better grades.