Question 16 (1 point) W N Financial accounting is primarily for people outside the firm while managerial accounting is primarily for people inside the firm. U 6 True False 8 9 Question 17 (1 point) LO 11 12 Which fact below tells you that a company will likely be able to meet its current financial obligations? 13 14 15 A) Liabilities exceed assets. B) Assets exceed liabilities. 16 17 18 O C) The level of accounts payable is high. 19 20 21 OD) The company needs to increase the number of customers it serves. OE) The company has a negative cash flow