Which of these statements about differences between financial and managerial

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Sticky NY

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accounting is? a. Managerial accounting information is prepared primarily for external parties such as stockholders and
creditors; financial accounting is directed at internal users.
b. Financial accounting is aggregated; managerial accounting is focused on products and departments.
c. Managerial accounting pertains to both past and future items; financial accounting focuses primarily on
past transactions and events.
d. Financial accounting is based on generally accepted accounting practices; managerial accounting
faces no similar constraining factors.
 
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