Please help me with those questions, if not sure then don't answer them. Thank you

a Question 1 Homework 0 Unanswered Which of the following statements is true? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Managerial accounting for companies in the US is governed by GAAP. b Managerial accounting statements are prepared to go to parties outside the company. c Managerial accounting is more future oriented than financial accounting. d The results of both managerial and nancial accounting are reported only in currency. Question 2 Homework 0 Unanswered Which of the following is true? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. 3 Cost of goods sold on the income statement includes the cost of all inventory that has been purchased by the company. b Inventory is recorded as an expense when it is purchased. c Inventory becomes an expense on the day of sale. d Inventory is an asset until the production process is completed, and it becomes an expense at that time