EB$2.$ LO $1\mathrm{.}2$ Identify the following as true or false:

A$.$ Financial accounting reports are not released to external users.

B$.$ Managerial accounting reports are not used by employees inside the organization.

C$.$ Managerial accounting reports incl$$de only monetary information.

D$.$ Financial accounting reports are monetary in nature.

E$.$ If a result of a company's operations is nonmonetary in nature, it must be converted to monetary units for managerial reporting.

F$.$ Tax authorities and government regulatory agencies are external users of financial information.