What is the primary criterion for the preparation of managerial accounting reports? a. relevance of the reports b. timing of the reports c. cost of the reports d. manager needs

d.manager needs.

Explanation:

Managerial accounting is the use of accounting information by managers to make better business decisions in a bid to achieve organisational goals. It is used to plan for the future, make decisions for the company, and to check the accuracy of previous decisions.

Financial accounting on the other hand uses generally accepted accounting practices to prepare reports on the financial performance of a company.

Manegerial Accounting is therefore determined by manager's needs. Subjects covered in managerial accounting include job order costing, process costing, profit analysis, operation budgeting, and any other use that is dictated by the manager.

d. manager needs

Explanation: meeting the manager's need is said to be the primary criterion for the preparation of managerial accounting reports. This is true because managers rely on them to get a complete picture of how the business is doing so far or presently and can help them make informed decision on how best to steer the firm towards meeting its goal and mission. In doing so, accounting reports show the financial situation of a business at present or over a specific period of time. These reports include data such as transactions, operational costs, product profitability, and regional sales. Examples of such accounting reports are Inventory and Manufacturing Report, Job Cost Report, Budget Report and so many more.