Discussion Question: 150 to 200 words, include citation and reference,
Managerial Accounting is concerned with providing information to managers so they may make business decisions that satisfy customers while continuously monitoring costs and improving efficiencies. Some reports provide timely updates on key indicators while others investigate problems such as declined profitability.
Please list a report or activity about in Managerial Accounting which would be useful if implemented in either :
a) a current or past place of employment or
b) Describe how the report would help job or personal life.