Question: Question Content Area Managerial accounting reports are a . prepared according to management needs b . prepared according to GAAP c . related to the

Question Content Area Managerial accounting reports are
a. prepared according to management needs
b. prepared according to GAAP
c. related to the entire business entity only
d. prepared periodically only
If the cost of materials is not a significant portion of the total product cost, the materials may be classified as part of factory overhead cost.

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