2) Which is NOT a characteristic of managerial accounting data? A) Focuses on the present and future B) Focuses on external financial statements C) Focuses on parts (i.e. departments, functions) of the company D) No need to follow GAAP and SOX 80 3) is a system that integrates all of a company's functions, departments, and data into a single system. A) Just-in-time (JIT) B) Enterprise Resource Planning (ERP) C) Total Quality Management (TQM) D) None of the above