Which of the following would be least likely to 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

Question

Quizplus · Accepted Answer

A statement of stockholders' equity is a financial accounting report that shows the changes in a company's shareholders' equity over a period of time. Managerial accounting reports are used by internal management to make decisions about the company's operations, so reports analyzing potential efficiencies and savings (A), schedules of total manufacturing costs (B), and statements of cost of goods manufactured (C) would all be examples of managerial accounting reports.

Which of the Following Would Be Least Likely to Be