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Financial and Managerial Accounting7th EditionBarbara Chiappetta, John J. Wild, Ken W. Shaw 2,074 solutions What type of accounting focuses on internal users?Managerial accounting. focuses on internal users—executives, product managers, sales managers, and any other personnel within the organization who use accounting information to make important decisions. Managerial accounting information need not conform with U.S. GAAP.
Which of the following accounting is used for management decision?Managerial accounting helps managers make operational decisions–intended to help increase the company's operational efficiency–which also helps in making long-term investment decisions.
What does managerial accounting focus on?Managerial accounting focuses on what it takes to keep a business operating profitably. Tracking and projecting revenue and expense needs is critical. The data collected and the results reported help managers choose the best courses of action.
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