Which of the Following Is a Difference Between Managerial and Financial

Multiple Choice

Which of the following is a difference between managerial and financial accounting?

A) Managerial accounting reports non-monetary information whereas financial accounting reports both monetary and non-monetary information.
B) Managerial accounting is used by government authorities whereas financial accounting is used by stockholders.
C) Managerial accounting prepares reports monthly whereas financial accounting prepares reports annually.
D) Managerial information is confidential whereas financial accounting information is publicly available.