Identity which of these terms about Financial Accounting is True or False Management accounting must observe both financial accounting Standards and cost accounting standards if at is to be useful to the organization's management Choose Choose Both Financial and Management Accounting provide relevant and useful information to management Financial Accounting Report adhere to GAAP - Cenerally Accepted Accounting Principles Financial accounting reports are more objective, wherean management accounting reports are more subjective Financial ccounting in USA report to see and fie Annual and Interim Financial Reporte A business plan is a comprehensive statement of how a company will achieve its objectives, but does not include budgets or performance goal Choose Choose Choose Choose Management accounting exists primarity for the benefit of people inside the company Choose Choose Financial Accounting is more important than Management Accounting Management accounting must observes cost accounting standards that donot necessarily follow GAAP - Generally Accepted Accounting Principles Financial accounting exists primarily for the benefit of people inside and outside the company Choose Choose Identify which of these statements about Managerial Accounting are