financial accounting provides information to all users, while the main focus for managerial accounting is to…

financial accounting provides information to all users, while the main focus for managerial accounting is to provide information to the management.\n○ true\n○ false

financial accounting provides information to all users, while the main focus for managerial accounting is to provide information to the management.\n○ true\n○ false

Answer

Brief Explanations:

Financial accounting aims to provide information to external users like investors, creditors, etc., as well as internal ones. Managerial accounting is specifically for internal - management for decision - making, planning, and controlling.

Answer:

True