Sunday 4 November 2012

Managerial accounting information: Can be used for control purposes but not for planning purposes. Is generally the only accounting information available to managers. Has little to do with controlling costs. Is used mainly by external users. Involves gathering information about costs for planning and control decisions.

 Managerial accounting information:
  •     Can be used for control purposes but not for planning purposes.
  •     Is generally the only accounting information available to managers.
  •     Has little to do with controlling costs.
  •     Is used mainly by external users.
  •     Involves gathering information about costs for planning and control decisions.


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