Accounting is generally divided into what major areas?

Assets and liabilities

Cost accounting and financial accounting

Charge$-$based accounting and cost$-$based accounting

Financial accounting and managerial accounting

Question $6($Mandatory$)(1$ point$)$

The purpose of financial accounting is to provide

prospective accounting information to external users, including stakeholders

historic accounting information to internal users, including managers

historic accounting information to external users, such as stakeholders

prospective accounting information to internal users, including managers