The Area of Accounting That Provides Managers Inside the Organization

question 37

Multiple Choice

The area of accounting that provides managers inside the organization with information they need to make decisions is called:

• A)Tax accounting.
• B)Managerial accounting.
• C)Informational accounting.
• D)Financial accounting.

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Definitions:

¥ Per A$

The exchange rate showing how much Japanese yen (¥) one Australian dollar (A$) can buy.

Exchange Rate

An exchange rate determines how much one currency is worth in terms of another, playing a critical role in international trade and investment.

¥1.00

The monetary value of one Japanese yen, the official currency of Japan.

A$

The symbol for the Australian Dollar, the official currency of Australia.