Question 4 (2 points)E hich of the following is true of managerial accounting? The primary users of managerial accounting reports are external users Managerial accounting reports are internat reports issued as frequently as the need arises . The purpose of managerial accounting reports is to provide general purpose financial information for all users. Managerial accounting reports must be prepared according to GAAP Save Question 5 12 points B Which of the following is true of managerial accounting? The primary users of managerial accounting reports are internal users serial accounting reports are classified financial statements issued quarterly and The purpose of managerial accounting reports is to provide general purpose financial Vanagerial accounting reports must be prepared according to GAAP