Answer:
That statement is True
Step-by-step explanation:
Managerial accountant is the type of accountant that provide reports for the internal managers of the company, not the public.
In business, A customized report is designed specifically to cater for special individual (such as the people in Top management position of the company or very influential shareholder). The layout in this type of report usually designed according to personal preference of this people.
This is the reason why Felipe is considered as a Managerial accountant.