Choose whether the following characteristics are most often associated with managerial accounting or financial accounting.

	Managerial Accounting	Financial Accounting
Primarily used for internal decision making
Generally Accepted Accounting Principles (GAAP) must be used
Prepared statements usually pertain to the company as a whole rather than individual departments or products
Information provided will often be subjective, such as estimated future results
Often prepared on an as-needed basis rather than at fixed intervals
Use principles of the Sustainability Accounting Standards Board (SASB) to provide sustainability information to external financial statement users
Consideration of sustainability practices to contribute to the companys long-term success
Using eco-efficiency measures to reduce expenses