Oe OMR 231,676 Which one of the following statements is not correct regarding financial accounting and management accounting? a. None of the given answers Ob Financial accounting reports need to be audited to verify their accuracy unlike management accounting reports which do not need to be audited OC Financial accounting information emphasize supporting decisions that affect the future unlike management accounting information, which focus on the consequences of past activities of the organization Od Financial accounting needs to follow specific set of rules called accounting standards unlike Management accounting e. Both financial accounting and management accounting involve the use of accounting information NEXT PAGE PAGE