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Which of the following would be least likely to be considered a managerial accounting report?
a. statement of cost of goods manufactured
b. statement of stockholders' equity
c. report to analyze potential efficiencies and savings for the purchase of new production equipment
d. schedule of total manufacturing costs incurred



Answer :

GinnyAnswer
The least likely option to be considered a managerial accounting report is: b. statement of stockholders' equity Explanation: 1. Managerial accounting reports are primarily used by internal users, such as managers, to make decisions within an organization. 2. The statement of stockholders' equity is a financial statement that shows changes in the equity section of the balance sheet over a specific period, and it is more commonly associated with financial accounting rather than managerial accounting. 3. Options a, c, and d are more aligned with managerial accounting reports as they involve information related to manufacturing costs, potential efficiencies and savings, and total manufacturing costs incurred, which are crucial for managerial decision-making in a business setting. Therefore, the statement of stockholders' equity is least likely to be considered a managerial accounting report out of the options provided.

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