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7) Which one of the following sentences does not explain the distinction between financial accounts and management accounts? a) Financial accounts are primarily for external

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7) Which one of the following sentences does not explain the distinction between financial accounts and management accounts? a) Financial accounts are primarily for external users and management accounts are primarily for internal users. b) Financial accounts are normally produced annually and management accounts are normally produced monthly. c) Financial accounts are more accurate than management accounts. d) Financial accounts are audited by an external auditor and management accounts do not normally have an external audit

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