Final answer:
Managerial accounting is the subject described in this question. It assists managers in planning and control decisions by providing financial information and analysis.
Step-by-step explanation:
Managerial accounting is the subject described in this question.
Managerial accounting is a branch of accounting that focuses on providing information to managers within an organization to assist them in planning and control decisions. It involves analyzing financial data, preparing budgets, and providing insights into the financial performance of the organization.
An example of how managerial accounting is used is when managers use cost-volume-profit analysis to determine the break-even point of a product or service, which helps them make pricing and production decisions.