Which of the following is TRUE? Managerial accounting reports help potential investors make decisions O Managerial accounting reports must follow GAAP. Managerial accounting reports provide detailed internal information. Managerial accounting reports are audited by professional accountants. Question 16 (1 point) Which of the following persons or groups would be LEAST likely to receive detailed managerial accounting reports? CEO Sales territory managers Company's bank manager Plant managers A company is deciding whether to purchase production equipment that will produce units of its product more quickly than the current equipment. The company will not increase the number of units of product it produces. The new equipment will need the same quantity of material per unit produced. Which of the following costs would be relevant to its decision? The cost of the new equipment The salary of the factory manager The cost of raw materials used to produce products on the equipment The original purchase price of the machinery currently used to produce the equipment