Managerial accounting information: Group of answer choices Is used mainly by external users. Involves gathering information about costs for planning and control decisions. Is generally the only accounting information available to managers. Can be used for control purposes but not for planning purposes.All of the following are characteristics of managerial accounting (compared to financial accounting) except: Group of answer choices The information is designed to assist managers in making planning and control decisions. The information includes projections and estimates of future results. The information is available more quickly and includes more details. The information must be prepared in accordance wtih generally accepted accounting principles