Indicate the two main reasons why management accounting is different from financial accounting

a.Management accounting is focused on providing information to shareholders who wish to have input into the management of the organisation and it is regulated by generally accepted accounting principles.

b.Management accounting focuses on providing information for internal users and it is largely unregulated.

c.Management accounting provides information for the day-to-day running of an organisation and it is governed by AASB accounting standards.

d.Management accounting provides special-purpose information to people external to the firm and it is highly regulated.