Question

Managers used managerial information for all of the following except a.to analyze the performance of a company's operations b.to evaluate the company's stock performance c.to support long-term planning decisions d.to determine the cost of manufacturing a product

Answer 1

b.to evaluate the company's stock performance

Step-by-step explanation:

Evaluating a company stock performance would interest investors more than the managers of the company. Investors are profits driven. Their primary concern is to predict the future price of a stock as accurately as possible and profit from the price movement.

Managers are concerned with the profitability and long term growth of the company. They use managerial information to understand the current state and make better plans for the future. Managers use managerial reports to identify areas that need cost-cutting to maximize the profits.