Managerial accountants could prepare all of the following reports except
A) a performance report identifying amounts of scrap
B) a control report comparing direct material usage over time
C) a sales report targeting monthly sales and potential bonuses
D) an annual report for external regulators such as the SEC

Question

Quizplus · Accepted Answer

Managerial accountants prepare internal reports for management and do not typically prepare annual reports for external regulators such as the SEC. This would be the responsibility of the company's financial accounting team.

Managerial Accountants Could Prepare All of the Following Reports Except