1 8.33 points eBo Print References Identify whether each description most likely applies to managerial or financial accounting. 1. Reporting is structured and controlled by GAAP. 2. Helps managers make planning and control decisions. 3. Its principles and practices are very flexible. 4. Its information is often available only after an audit is complete. 5. Its primary users are company managers.

Identify whether each description most likely applies to managerial or financial accounting