Which of the following is true of financial accounting, but not true of managerial accounting? Select one: O a. Financial accountants work for not-for-profit organizations only. Ob. Financial accounting requires no accounting related education. Oc. Financial accountants focus on serving the decision-making needs of exteral users of the business. Od. Financial accounting requires an accounting related education.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 2EB: Identify the following as true or false: Financial accounting reports are not released to external...
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Which of the following is true of financial accounting, but not true of managerial accounting?
Select one:
a. Financial accountants work for not-for-profit organizations only.
O
b. Financial accounting requires no accounting related education.
O
c. Financial accountants focus on serving the decision-making needs of external users of the business.
d. Financial accounting requires an accounting related education.
O
Transcribed Image Text:Which of the following is true of financial accounting, but not true of managerial accounting? Select one: a. Financial accountants work for not-for-profit organizations only. O b. Financial accounting requires no accounting related education. O c. Financial accountants focus on serving the decision-making needs of external users of the business. d. Financial accounting requires an accounting related education. O
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