In: Accounting
Managerial accountants usually do which of the following?
Multiple Choice
audit financial statements
prepare and audit tax returns
prepare internal reports for management
investigate companies for possible violations of law
The correct answer is:
Prepare internal reports for management
Explanation: Managerial accountants usually do preparation of internal reports for an organization's management or executives i.e internal users of the organization, establish accounting policies, the analysis of the data in these reports to aid in decision making.