Question: Question 1 ( 1 point ) What statement best describes the purpose of managerial accounting? To inform external financial statement users about the company's financial

Question 1(1 point)
What statement best describes the purpose of managerial accounting?
To inform external financial statement users about the company's financial performance.
To encourage investors to purchase the company's stock.
To help determine the cost of products produced by the company.
To help creditors determine whether a loan should be offered to the company.
Question 1 ( 1 point ) What statement best

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