1. For each of the following statements, indicate whether it relates to Financial Accounting (FA) or Management Accounting (MA). Financial Accounting (FA) or Management Accounting (MA) i. It helps creditors make lending decisions. ii. Helps in planning and controlling operations. Reports must follow Malaysian Financial Reporting Standards. Summary reports are prepared quarterly or iv. annually. Provides detailed reports on subunits of the v. business. Reports are prepared primarily for external vi. users. iii. 2. Accounting is merely bookkeeping." Do you agree or disagree with this statement? Please explain. (8 Marks)