Which of the following income statement figures would probably be the best indicator of a company's future performance? a. Total revenues b. Income from operations C. Net income d Gross profit Managerial accounting is applicable to a. service entities. b. manufacturing entities. c. not-for-profit entities. d. all of these. Management accountants would not a. assist in budget planning. b. prepare reports primarily for external users. C. determine cost behavior. d. be concerned with the impact of cost and volume on profits. Financial statements for external users can be described as a. user-specific b. general-purpose. C. special-purpose. d. managerial reports. olume on promis Financial statements for external users can be described as a. user-specific general-purpose. c. special purpose. d. managerial reports. Managerial accounting reports can be described as a. general-purpose. b. macro-reports. c. special-purpose. d. classified financial statements. The reporting standing for external financial reports is a. industry-specific. b. company-specific. C. generally accepted accounting principles. d. department-specific