Which accountant (financial or managerial) would prepare each of the following reports: a. Income statement for the

Question:

Which accountant (financial or managerial) would prepare each of the following reports:

a. Income statement for the Gatorade division of PepsiCo

b. Balance sheet for Walmart prepared in accordance with U.S. GAAP

c. The American Red Cross budgeted income statement for next quarter

d. Defect rate of computer chips produced by Advanced Micro Devices

e. Statement of cash flows for Apple prepared in accordance with U.S. GAAP

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...