What kind of information does managerial accounting provide to management?

Managerial accounting provides both financial and non-financial information to management, making it a crucial tool for effective decision-making within an organization. This dual focus allows managers to not only analyze quantitative data such as costs, revenues, and budgets but also to consider qualitative factors such as customer satisfaction, employee engagement, and market conditions.

The integration of financial data with non-financial performance indicators gives management a comprehensive view of the business's operational effectiveness and strategic direction. For instance, understanding financial metrics like profit margins is valuable, but when combined with non-financial information such as employee turnover rates or customer feedback, managers can make better-informed decisions that drive organizational success.

This holistic approach enables management to assess not just current performance but also future growth opportunities and potential risks, thereby facilitating proactive rather than reactive management strategies. Therefore, the correct answer reflects the important role that a diverse array of information plays in managerial accounting.