In the context of managerial accounting, the relevant information is information that

a. has been provided by the controller.

b. must be analyzed by the chief financial officer before being provided to managers.

c. must be provided in quantitative terms.

d. is information that will make a difference in the decision.

Question

Business

Amelia Gallagher

3 February, 13:46

In the context of managerial accounting, the relevant information is information that

a. has been provided by the controller.

b. must be analyzed by the chief financial officer before being provided to managers.

c. must be provided in quantitative terms.

d. is information that will make a difference in the decision.

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Answers (1)

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Amaris Holland · Answer 1

d. is information that will make a difference in the decision.

Explanation:

In managerial accounting we have to work to make decision more easy thus, we cannot overflow with redundant or unncessary information. We have to only make use and present in our report information that will change the decision if presented.

For example, for freight cost the sales commision is not relevant.