Which of the following statements refers to management accounting information?

Select one:

a. The reports are generally delayed and historical

b. The reports are audited so they can be used in confidence by potential investors

c. There are no regulations governing the reports

d. It primarily measures and records business transactions

Which one of the following is a variable cost for an insurance company?

Select one:

a. property taxes

b. sales commissions

c. rent

d. amortization of office equipment