Which of the following statements correctly distinguishes between financial and management accounting? | Faculties

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Vijay Sangwan

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📊 Management Accounting

Q. Which of the following statements correctly distinguishes between financial and management accounting?

(A) Management accounting reports on the whole organization.
(B) Financial accounting is oriented toward the future.
(C) Financial accounting is primarily concerned with providing information for internal users.
(D) Management accounting is oriented more toward the planning and control

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✅ Correct Answer: (D) Management accounting is oriented more toward the planning and control

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