Indicate whether each phrase is more descriptive of financial accounting or managerial accounting.

(a) May be subjective

Financial accounting

Managerial accounting

(b) Often used to obtain financing

Financial accounting

Managerial accounting

(c) Typically prepared quarterly or annually

Financial accounting

Managerial accounting

(d) May measure time or customer satisfaction

Financial accounting

Managerial accounting

(e) Future oriented

Financial accounting

Managerial accounting

(f) Has a greater emphasis on cost-benefit analysis

Financial accounting

Managerial accounting

(g) Keeps records of assets and liabilities

Financial accounting

Managerial accounting

(h) Highly aggregated statements

Financial accounting

Managerial accounting

(i) Must conform to external standards

Financial accounting

Managerial accounting

(j) Special-purpose reports

Financial accounting

Managerial accounting

(k) Decision-making tool

Financial accounting

Managerial accounting

(l) Income statement, balance sheet, and statement of cash flows

Financial accounting

Managerial accounting

A Gaussian surface is shown. It contains some charges, but not all of them. The charges shown in the green region lie inside of the Gaussian surface. The charges in the white region lie outside of the Gaussian surface. All charges have the same magnitude but different signs as shown in the figure. - -Gaussian Surface Boundary True or False: The total flux through the Gaussian surface is Negative. Hint: Think about whether the right-hand side of Gauss's Law is positive or negative f E . dA = $ElectricFlux = Qenclosed 20 True False1. A bivariate normal random vector (X1, X2)' is defined by X1 = M1 + 01 2 (1) X2 = 12 + 02 2 1 - PU2) where U1 and U2 are independent and standard normal random variables, of and 02 are positive numbers, #1 and /2 are real numbers, and -1