Understanding Managerial Accounting: Information, Applications,

Managerial accounting information is generally prepared for: A. creditors B. stockholders C. managers D. regulatory agencies C. managers Managerial accounting does not encompass: A. calculating product cost B. calculating earnings per share C. determining cost behavior D. profit planning B. calculating earning per share Managerial accounting is applicable to: A. service entities B. manufacturing entities C. not-for-profit entities D. all of these D. all of these Management accountants would not: A. determine cost behavior B. prepare reports primarily for external users C. assist in budget planning D. be concerned with the impact of cost and volume on profits B. prepare reports primarily for external users Internal reports must be communicated: A. annually B. daily C. monthly D. as needed D. as needed Which of the following statement about internal reports is not true?