The Main Focus of Managerial Accounting Is

question 28

Multiple Choice

The main focus of managerial accounting is:

• A) decision making.
• B) the preparation of financial statements.
• C) the preparation of budgets.
• D) documenting cash flows.

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Definitions:

Warranty Expense

The cost associated with the obligation of a company to repair or replace its product if it is found to be defective within a certain period.