What is the primary difference between managerial and financial accounting? O There is no significant difference between financial and managerial accounting. O Financial accounting data is based on the actual transactions of the business. Managerial accounting O Managerial accounting provides information for internal use and financial accounting provides inform O Managerial accounting must follow GAAP. Financial accounting does not.

What is the primary difference between managerial and financial accounting? There is no significant difference between financial and managerial accounting. Financial accounting data is based on the actual transactions of the.business. Managerial accounting Managerial accounting provides information for internal use and financial accounting provides inform Managerial accounting must follow GAAP. Financial accounting does not. What is the primary difference between managerial and financial accounting? There is no significant difference between financial and managerial accounting. Financial accounting data is based on the actual transactions of the.business. Managerial accounting Managerial accounting provides information for internal use and financial accounting provides inform Managerial accounting must follow GAAP. Financial accounting does not