To J. W i ll the United Way (a nonprofit charitable organization) would use each area (planning, controlling, and evaluation) TP2. LO 1.1 There are individuals who are under the impression that managerial accounting provides services mainly for manufacturing organizations. Are they correct? Explain. TP11 Thinkba 1.1 Define Managerial Accounting and Identify the Three Primary Responsibilities of Management . The purpose of managerial accounting is to supply financial and nonfinancial information to the organization's management and other internal decision makers . Most of the job responsibilities of a manager fit into one of three categories: planning, controlling and evaluating Planning involves setting goals and forming the plans to achieve those goals Controlling involves the day-to-day activities. Its purpose is to help in planning functions and to facilitate coordination within the organization Evaluation determines whether plans are being followed and whether progress is being made as planned toward the fulfillment of organizational goals and objectives. It also involves taking corrective measures in case of deviations identified in the course of action