7.Financial and management accounting have different perspectives. Which of the following is true Financial accounting focuses on Management accounting focuses on A segments of the organization such as segments of the organization such as departments and divisions departments and divisions the organization as a whole the organization as a whole the organization as a whole segments of the organization such as departments and divisions D segments of the organization such as the organization as a whole departments and divisions B 8. Based on the Standards of Ethical Conduct for Management Accountants developed by the Institute of Management Accountants, when may management accountants disclose confidential information acquired in the course of their work? A. never B. where there is no legal barrier C. only when authorized by management D. only when authorized by management, unless legally obligated to do so. 9. Which of the following statements are TRUE about management accounting? Management accounting i focuses on the present and future ii. is required by regulatory bodies such as the SEC iii. focuses on the organization as a whole, rather than on the organization's segments iv. focuses on individual units, sections and departments A. i only B. ii, and in only C. i. and vi only D. ii, and vi only