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Question Practice

What distinguishes financial accounting from managerial accounting?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Introduction to Accounting
Question Bank

What distinguishes financial a...

Single Answer MCQ
Q-00053797

What distinguishes financial accounting from managerial accounting?

1

Financial accounting focuses on future forecasts.

2

Managerial accounting is for external stakeholders.

3

Financial accounting emphasizes historical data for external users.

4

Managerial accounting does not require accuracy.

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