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Chapter 1
Chapter 1.. ACCOUNTING I NFORMATION. AND M ANAGERIAL D ECISIONS. ng ni Study Tools A Preview of This Chapter LEARNING OBJECTIVES. In Chapter 1, we begin the study of managerial ac- counting by discussing what is meant by accounting information and how accounting information is used by both internal and external users to make deci- sions. The Chapter also describes the decision - making ar After studying the material in this Chapter , you should be able to: LO1 Understand the uses and users of accounting Le role of managers in organizations, provides a decision information framework for assessing those decisions, and dis- LO2 Understand the decision - making role of cusses the role of relevant factors, risk, and ethics in managers decision making .
Thomson Learning™ CHAPTER 1 Accounting Information and Managerial Decisions 7 100 80 60 40 20 Percentage of Respondents: & decision-making role of
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