Q 1.3: Which of the following reports would be prepared by a managerial accountant? A statement of cash flows costs by product line income statement balance sheet

Which of the following would be least likely to be considered a managerial accounting report? a.a report to analyze potential efficiencies and savings for the purchase of new production equipment b.a statement of stockholders' equity c.a schedule of total manufacturing costs incurred d.a statement of cost of goods manufactured   Bonds payable issued in exchange for building and equipment would be reported in the statement of cash flows in:     A.a separate schedule B.the cash flows from operating activities section C.the cash flows from investing activities section D.the cash flows from financing activities section   Reynolds Manufacturers Inc. has estimated total factory overhead costs of $95,000 and expected direct labor hours of 9,500 for the current fiscal year. If job number 117 incurs 2,300 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a.$21,850 b.$95,000 c.$23,000 d.$2,300

16 What do the following accounting terms and principles mean: Please define and provide an example of how it would be applied. Matching Principle - Historical Cost – Monetary Unit – Accounting Period – Going Concern –

Q: What is accounting?  What is the purpose of the discipline?  What is financial accounting?  What is managerial accounting?  What are the differences between financial and managerial accounting? NOTE: PLEASE PROVIDE CITATION WITH THE ANSWER