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  3. which of the following is true regarding managemen

Which of the following is true regarding management and financial accounting? Management and financial accounting...

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Accounting

Which of the following is true regarding management and financial accounting?
Management and financial accounting are basically the same fields.
Management accounting is used primarily for compliance purposes, while
financial accounting is used by management internally.
Financial accounting is used primarily for compliance purposes, while
management accounting is used by management internally.
Both management accounting and financial accounting are extensively regulated
by the SEC and FASB.
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