Questions: Some of the activities performed by managerial accountants includes (select all that apply): - preparing financial statements - preparing tax forms - providing external audits - preparing internal reports

The answer is:

• preparing financial statements
• preparing tax forms
• preparing internal reports

Explanation for each option:

1. Preparing financial statements: This is correct. Managerial accountants often prepare financial statements, which are essential for internal decision-making and performance evaluation within the organization.

2. Preparing tax forms: This is correct. Managerial accountants may be involved in preparing tax forms to ensure compliance with tax regulations and to optimize the company's tax position.

3. Providing external audits: This is incorrect. External audits are typically performed by external auditors, not by managerial accountants. Managerial accountants focus on internal processes and reports.

4. Preparing internal reports: This is correct. One of the primary roles of managerial accountants is to prepare internal reports that help management make informed decisions about the company's operations and strategy.

In summary, managerial accountants are involved in preparing financial statements, tax forms, and internal reports, but they do not typically perform external audits.