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Financial accounting information and managerial accounting information have a number of distinguishing characteristics. For each of the characteristics listed below, indicate which characteristics are more

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Financial accounting information and managerial accounting information have a number of distinguishing characteristics. For each of the characteristics listed below, indicate which characteristics are more closely related to: Financial Accounting Managerial Accounting Information is limited to historical cost data Choose... Reports are prepared in accordance with Generally Accepted Accounting Prnciples Choose... Relevance is placed on timeliness Choose... . Must be audited annually by CPAs Choose... Reports are used internally Choose

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