Rules applicable to accounting information created and prepared for management use are the same as those for information reported to the general public.

Management accounting is intluenced significantly by the Securities Exchange Commission.

Management accounting is the process of identifying, measuring, accumulating, analyzing, preparing, and communicating tinancial information used by management

Provide information to business managers to assist them in planning for their busines Managerial accounting's focus is to provide information for internal planning and control.

Assist business managers with respect to providing a return to the owners of the business

Management accounting often requires forward$-$looking data because of the futuristic

nature of many $,$ business decisions. business decisions.