Parties more interested in managerial accounting data than in financial accounting data include ______. multiple select question. creditors production managers sales managers stockholders

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24-08-2022
Business

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Parties more interested in managerial accounting data than in financial accounting data include ______. multiple select question. creditors production managers sales managers stockholders

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qwseagreen qwseagreen · Answer 1 · 2022-09-02T15:35:30+02:00

The correct answer is production managers and sales managers.

Parties more interested in managerial accounting data than in financial accounting data include production managers and sales managers. Managerial accounting, also called management accounting, is an approach to accounting that produces statements, reports, and documents that help management make better decisions regarding their business performance.

Managerial accounting is the method of identifying, measuring, analyzing, interpreting, and communicating financial data to managers to achieve organizational objectives. Managerial accounting differs from financial accounting because the purpose of managerial accounting is to help internal users of a company make well-informed business judgments.

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