$1)$ Determine if the following is an emphasis of managerial $($M$)$ or Financial $($F$)$ accounting:

$1.$ Estimating the amount of materials needed for next month's production.

$2.$ Information in reports focuses on objectivity and verifiability.

$3.$ Reports follow GAAP or IFRS.

$4.$ Precise information that is more readily available is included in reports.

$5.$ The focus and reporting emphasize segments of an organization.

$6.$ Organizations may follow their own guidelines for reports generated.