The Primary Goal of Managerial Accounting Is to Provide Information

question 135

Multiple Choice

The primary goal of managerial accounting is to provide information to

• A) shareholders.
• B) creditors.
• C) internal decision-makers.
• D) both shareholders and creditors.

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Definitions:

Postconventional

A stage in moral development where individuals base their moral decisions on internal principles and the concept of justice, beyond societal norms.

Concrete Operational

A stage in Piaget’s theory of cognitive development (age 7-11) where children gain the ability to think logically about concrete events.

Development

The process of change and growth that occurs over a lifecycle, involving physical, cognitive, and social transformations.

Identity

The sense of self, shaped by personal choices, experiences, and social interactions, encompassing aspects such as personality, interests, and values.