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

Question

Quizplus · Accepted Answer

Managerial accountants prepare internal reports for management, whereas an annual report for external regulators such as the SEC would be prepared by financial accountants who handle external financial reporting.

Managerial Accountants Could Prepare All of the Following Reports Except