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An effective managerial accounting system should track information about an organization's activities in which of the following areas? a
An effective managerial accounting system should track information about an organization's activities in which of the following areas?
- a. Development
- b. Marketing
- c. Production
- d. Design
- e. All of these.
Expert Solution
Managerial accounting is a branch of accounting that gives financial & non-financial information for the internal users of organization that can helps the managers to make necessary decisions. Managerial accounting has 3 main objectives;
Decision making, Planning & controlling. So, the effective managerial accounting system should track information about an organization's activities in all of the following areas - Development, marketing , production & design.
The correct option is e). All of these.
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