Managerial Accounting

Mastery Assignment: – Points: 200 Now that you have a better understanding of Managerial
Accounting, compare the reports managers use to those used in GAAP financial statements.
Typicalbf, management reports are not included in financial statements issued to investors. Do you
believe that investors should have access to managerial reports? If managerial reports were
available to investors what would be the pros and cons of releasing such information? Your paper
should include an analysis of Activity Based Costing compared to Traditionally costing, and
absorption costing compared to traditional costing methods used in GAAP reports. Please try to use
5 – 6 resources, provide personal experience if it relates. or provide real world scenarios or
hypotheticals.