Managerial accounting information is generally prepared for ________.
A
Shareholders
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B
Creditors
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C
Managers
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D
Regulatory agencies
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Solution
The correct option is C Managers Management accounting is an another branch of accounting. Management accounting provides the information in such a way to the managers/management so that any economic decision can be taken.
Management accounting information is useful for the management or managers who are responsible to take managerial decisions.