Question: '. Reports are prepared as needed. '. It is not governed by legal requirements. . Primary users are external {i.e., creditors, investors}. . Focus is

'. Reports are prepared as needed. '. It is not governed

'. Reports are prepared as needed. '. It is not governed by legal requirements. . Primary users are external {i.e., creditors, investors}. . Focus is on the future. . Reporting is based mainly on the company as a whole. Financial accounting Managerial accounting

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