Question: Identify whether each description most likely applies to managerial or financial accounting. Its principles and practices are relatively flexible. It contains mostly monetary information, and

Identify whether each description most likely applies to managerial or financial accounting.
Its principles and practices are relatively flexible.
It contains mostly monetary information, and some nonmonetary information.
It focuses mainly on past results.
It focuses on current performance and future projections.
Its primary users are company managers.
Identify whether each description most likely applies to managerial or financial

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