Problem 10-21A (Static) Characteristics of financial versus managerial accounting LO 10-1 Required Indicate whether the information is more representative of managerial versus financial accounting. The first item is shown as an example. Information Item: Estimates of future revenue GAAP-based product cost Salary of the manager of a particular branch of a bank Salary expense for all company employees shown in the income statement Historical-based information included in financial statements Reporting rules established by government authorities Managerial accounting Reports designed for the company president Daily time clock reports A company's annual report to stockholders Budgets Information provided to investors and creditors Vacation schedules for key employees Customer satisfaction survey results Amount of total assets shown on the balance sheet