Asked by Kayla Ellison on Jun 10, 2024

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Which of the following would be least likely to be considered a managerial accounting report?

A) report to analyze potential efficiencies and savings for the purchase of new production equipment
B) schedule of total manufacturing costs incurred
C) statement of cost of goods manufactured
D) statement of stockholders' equity

Managerial Accounting Report

An internal financial report tailored to meet the information needs of an organization's management for decision-making purposes.

Statement of Stockholders' Equity

A financial document that outlines the changes in the equity section of a company's balance sheet over a period, reflecting transactions like stock issuance, dividends, and earnings.

Schedule of Total Manufacturing Costs

This is a detailed statement summarizing the total costs—direct materials, direct labor, and manufacturing overhead—incurred during the production of goods in a specific period.

  • Identify the components of managerial accounting reports.
  • Recognize the role and preparation of managerial accounting reports for internal decision-making.
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SD
Sydney DeVogtJun 12, 2024
Final Answer :
D
Explanation :
Managerial accounting reports are internal and focus on detailed financial information useful for management's decision-making processes, such as cost analysis and budgeting. The statement of stockholders' equity is a financial accounting report, prepared for external users like investors and creditors, making it the least likely to be considered a managerial accounting report.