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

(2) 10. The "trapping web" and "variable circular plot" methods are both analyzed in program Distance as a point sample where animals further from the point are weighted less in the calculation of density than nearby animals because: a) animals can not be detected far from the point b) the areas of concentric rings increases with radial distance from the point c) the truncation function discounts animals that are far away animals fly or run away from the point because the observer is there e) a bird in the hand is worth two in the bush (2) 11. Population estimation programs that use data collected from transects utilize statistical procedures to fit a to the data in order to account for animals that were to distant from the transect to be detected a) variable circular plot b) probability density function c) change in ratio frequency index e) chi-square contingency table