What is managerial accounting?

a) Managerial accounting provides stakeholders with information regarding a firm's assets and liabilities.

b) Managerial accounting provides the SEC with quarterly and annual reports.

c) Managerial accounting provides the banking community with information about the businesses' cash flows.

d) Managerial accounting provides business managers the financial information they need in order to make good decisions regarding planning, controlling, and evaluating business goals and objectives.