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[12 Marks) QUESTION 1 Complete the following table. Basis of comparison Financial Accounting Management Accounting 1. Who is the information prepared for? 2. Is the

[12 Marks) QUESTION 1 Complete the following table. Basis of comparison Financial Accounting Management Accounting 1. Who is the information prepared for? 2. Is the information past or future orientated? 3. How often must reports be prepared? 4. Are there specific formats that must be complied with? 5. How much detail must be provided in the reports? 6. What types of reports are prepared

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