5 Providing information for planning, controlling, and evaluating is a function of: Tax accounting Financial accounting O Governmental accounting O Management accounting 6 Which of the following is a fundamental characteristic of management accounting as compared to financial accounting? Uses generally accepted accounting principles Is governed by regulatory agencies O Satisfies a competitive need Uses only financial data 7 Which of the following is not a function of management? Analyzing Planning O Regulating Controlling 8 The process of making decisions about future operations is called: Planning Evaluating performance O Implementing Controlling