Question: What is the difference between managerial and financial accounting? Multiple choice question. Managerial accounting prepares information for people inside the company, whereas financial accounting prepares

What is the difference between managerial and financial accounting? Multiple choice question. Managerial accounting prepares information for people inside the company, whereas financial accounting prepares information for people outside the company. Managerial accounting is focused on accounting information, whereas financial accounting is focused on analysis. Managerial accounting is used by businesses, whereas financial accounting is used by the government. Managerial accounting is focused on managers inside the company, whereas financial accounting is focused on lower-level employees in the company

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