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Which of the following functions is managerial accounting intended to facilitate?
Select one:
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Question & Answer: Which of the following functions is managerial accounting intended to facilitate?…..
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a. Planning
b. Decision making
c. Compliance with Generally Accepted Accounting Principles (GAAP)
d. a and b
e. b and c
f. a and c
g. All of these
Expert Answer
Decision Making is function of managerial accounting is primarily intended to facilitate.
Decision Making is the single factor which makes management accounting a necessary element.
Management accounting information always serves two functions:
- Decision influencing Function
- Decision facilitating function
Generally, information is supplied to assist that manager in choosing the alternative. Information is often intended to influence management decision
Ans b
