Managerial accounting is different from financial accounting in that: Multiple Choice Managerial accounting is more focused on the organization as a whole, while financial accounting is more focused on projects, processes, and divisions of the organization. Managerial accounting never includes nonmonetary information. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors. Managerial accounting is structured and controlled by GAAP