Asked by Stefan Ender on May 07, 2024
Verified
Which of the following would least likely be considered a managerial accounting report?
A) a report to analyze potential efficiencies and savings for the purchase of new production equipment
B) a schedule of total manufacturing costs incurred
C) a statement of cost of goods manufactured
D) a statement of stockholders' equity
Managerial Accounting Report
Detailed reports that provide managers with financial information and analysis used for decision-making and operational control.
Production Equipment
Tools and machinery used in the production process to manufacture products or provide services.
- Appreciate the importance of managerial accounting reports in decision-making processes.
Verified Answer
ZK
Zybrea KnightMay 08, 2024
Final Answer :
D
Explanation :
A statement of stockholders' equity is a financial accounting report that shows changes in the equity portion of a company's balance sheet. It does not relate to managerial accounting, which is focused on internal decision-making and providing information to managers for planning and controlling operations. The other options are all examples of managerial accounting reports that provide information relevant to decision-making within an organization.
Learning Objectives
- Appreciate the importance of managerial accounting reports in decision-making processes.
Related questions
Which of the Following Is Not a Characteristic of Useful ...
Which of the Following Is the Primary Criterion for the ...
The Source of Data to Serve as Inputs in Incremental ...
Which of the Following Steps in the Management Decision-Making Process ...
Internal Reports That Review the Actual Impact of Decisions Are ...