Indicate Whether Each of the Following Statements About Accounting Information

Short Answer

Indicate whether each of the following statements about accounting information is true or false.
_______ a)Financial accounting is primarily intended to satisfy the information needs of internal stakeholders.
_______ b)Managerial accounting information includes financial and nonfinancial information.
_______ c)The accounting information intended to satisfy the needs of a company's employees is managerial accounting information.
_______ d)GAAP requires that companies adhere to financial accounting standards.
_______ e)Managerial accounting information is usually less detailed than financial accounting information.