Managerial accounting infomation is generally prepared for a. managers. b. stockholders. c. creditors. d. regulatory agencies: Managerial accounting information a. pertains to the entity as a whole and is highly aggregated. b. is prepared only once a year. c. is constrained by the requirements of generally accepted accounting principles. d. pertains to subunits of the entity and may be very detailed. The major reporting standard for presenting managerial accounting information is a. generally accepted accounting principles. b. the cost principle. c. relevance. d. the current tax law. Management accountants would not a. assist in budget planning. b. determine cost behavior. c. be concerned with the impact of cost and volume on profits. d. prepare reports primarily for external users. Internal reports must be communicated a. daily. b. as needed. c. monthly. d. annually. The sum of the direct materials costs, direct labor costs, and manufacturing overhead incurred is the a. total manufacturing costs. b. cost of goods manufactured. c. total manufacturing overhead. d. total cost of work in process. For a manufacturing company, which of the following is an example of a period cost rather than a pre a. Depreciation on factory equipment b. Wages of machine operators c. Insurance on factory equipment d. Wages of salespersons Property taxes on a manufacturing plant are an element of a