1. Indicate whether the statement describes reporting by the financial accounting function or the managerial accounting function of an organization.

A. The users of the report are managers who need a daily summary of work done each shift.

B. The report is a job cost sheet for jobs completed in a 24-hour period.

C. The annual report is released each year on the companys website.

D. The report is audited by the companys certified public accountant firm.

E. The report is prepared every day because the customer service manager needs information about inventory ready to be shipped to customers.