Managerial accounting information Question 48 options: A) pertains to the entity as a whole and is highly aggregated. B) is cons

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Managerial accounting information Question 48 options: A) pertains to the entity as a whole and is highly aggregated. B) is cons

trained by the requirements of generally accepted accounting principles. C) is prepared only once a year. D) pertains to subunits of the entity and may be very detailed.

Business

1 answer:

KengaRu [80] · Answer 1 · 2022-02-09T17:02:08+03:00

Answer:

The correct answer is letter "D": pertains to sub-units of the entity and may be very detailed.

Explanation:

Managerial Accounting is<em> internally-based accounting</em> that helps managers measure the results of their decisions. This is in contrast to financial accounting which emphasizes more general, higher-level financial results. One common managerial accounting tool is determining the <em>profit margin in each of the company's products</em>. This information helps managers set product prices and ensure that they are making appropriate profit margins.