Internal accounting information is used primarily for internal decision making by an enterprise’smanagement.a. What are the three primary purposes of internal accounting information?b. Which of these is the most general and which is the most specific?c. Give several examples of the kinds of decisions that internal accounting information supports.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter2: Financial Reporting: Its Conceptual Framework
Section: Chapter Questions
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Internal accounting information is used primarily for internal decision making by an enterprise’s
management.
a. What are the three primary purposes of internal accounting information?
b. Which of these is the most general and which is the most specific?
c. Give several examples of the kinds of decisions that internal accounting information supports.

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