Question

In: Accounting

Managerial accountants usually do which of the following? Multiple Choice audit financial statements prepare and audit...

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

Solutions

Expert Solution

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.     


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