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  2. Topic
    Business
  3. Study Set
    Financial and Managerial Accounting
  4. Exam
    Exam 14: Overview of Managerial Accounting, Managerial Accounting Concepts and Cost Flows
  5. Question
    Managerial Accounting Is Primarily Concerned with Providing Information to External
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Managerial Accounting Is Primarily Concerned with Providing Information to External

Question 1

Question 1

True/False

Managerial accounting is primarily concerned with providing information to external users, while financial accounting is used for internal decision making.

Correct Answer:

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