Question 11 Signify TRUE or FALSE as applicable next to each of the following items as they pertain to how cost accounting differs from financial accounting. Cost accounting information used for internal management purposes must follow GAAP. [Choose] Cost accounting information looks at a company as a whole and ignores individual products and departments. [Choose] Cost accounting information is geared [Choose ] towards investors, creditors and other such external users. Cost accounting information would not be beneficial to non-manufacturing businesses such as retailers and service businesses. [Choose] Cost accounting information focuses on shorter periods of time than financial accounting information. [Choose] 5 pts