Discussing the purpose of Managerial Accounting, discuss the following questions

What information is relevant for planning for future activities What might these activities be?

What potential risks does the company have for fradulent activities?

How often may reporting happen?

Monthly, quarterly, semiannual or annual?

List the various costs and indicate if they are Direct Materials, Direct labor, Factory Overhead or if they are a selling or General Admin. Are they fixed, variable, or mixed? Are they are period or product cost?