Managerial accounting applies to each of the following types of businesses excepta. service firms. b. merchandising firms. c. manufacturing firms. d. managerial accounting applies to all types of firms.

Question

Camille Joyce

Business

28 February, 22:48

Managerial accounting applies to each of the following types of businesses excepta. service firms. b. merchandising firms. c. manufacturing firms. d. managerial accounting applies to all types of firms.

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Jett Velazquez · Answer 1

d. managerial accounting applies to all types of firms.

Explanation:

The managerials accounting can be used for any type of firm as all of them perform budget. And do report of forecast sales, production, cahs budget or financing plans. All these reports made by managers for internal uses are considered managerial accounting. Hence, all type of firms can and need to do managerial accounting to thrive