Which Type of Accounting Addresses the Needs of Managers, Providing

question 145

Multiple Choice

Which type of accounting addresses the needs of managers, providing detailed reports to management with information that makes informed decision-making possible?

• A) managerial accounting
• B) investigative accounting
• C) forensic accounting
• D) financial accounting

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Definitions:

Personal Circumstances

The specific conditions or facts affecting an individual's life, which may influence their behavior, decisions, and opportunities.

Daily Life

The routine or day-to-day activities, tasks, and interactions that constitute an individual's regular existence.

Impressions

The immediate thoughts or feelings that are elicited in a person upon encountering something or someone for the first time.

Perception

The process through which people receive, organize, and interpret information from the environment.