1 MANAGERIAL ACCOUNTING IS CONCERNED WITH LOWS THE COMPANY TO RESPON...

1- - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH01 MANAGERIAL ACCOUNTING AND THE BUSINESS ENVIRONMENT
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH01 MANAGERIAL ACCOUNTING AND THE BUSINESS ENVIRONMENT

1-1

Managerial accounting is concerned with

lows the company to respond more quickly to cus-

providing information to managers for use within

the organization. Financial accounting is con-

tomers. Finally, smaller batches make it easier to

cerned with providing information to stockholders,

spot manufacturing problems before they result in

creditors, and others outside of the organization.

a large number of defective units.