Management accounting exists primarily for the benefit of people outside the company.
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Q4: Management accounting is not a subordinate activity
Q5: Management accounting is not a subsidiary activity
Q5: Management accounting provides reports that are future
Q6: Financial accounting is concerned primarily with planning
Q7: Financial accounting information is used to plan,
Q8: Management accounting information is more subjective than
Q10: Financial accounting information is determined objectively and
Q11: Management accounting must observe both financial accounting
Q13: Financial accounting comprises all rules governing the
Q14: Financial accounting's main emphasis is on full
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