For each of the following, indicate whether it is identified primarily with management accounting (MA) or financial accounting (FA)

1 Draws heavily from other disciplines such as economics or statistics

2 Prepares financial statements

3 Provides financial information to internal managers

4 Emphasizes the past rather than the future

5 Focuses on relevant and flexible data

6 Is not mandatory

7 Focuses on the segments as well as the entire organization

8 Is not subject to generally accepted accounting principles

9 Is built around the fundamental accounting equation of debits equal credits

10 Draws heavily from other business disciplines

For each of the following pairs, indicate how the first individual is related to the second

a Controller; internal auditor

b VP, production; accounts receivable bookkeeper

c VP, finance; personnel director

d Production supervisor; foreman

e VP, finance; treasurer