Required

Indicate whether each of the following items is representative of managerial or of financial accounting.

a$.$ Information is factual and is characterized by objectivity, reliability, consistency, and accuracy.

b$.$ Information is reported continuously and has a current or future orientation.

c$.$ Information is provided to outsiders, including investors, creditors, government agencies, analysts, and reporters.

d$.$ Information is regulated by the SEC, FASB, and other sources of GAAP.

e$.$ Information is based on estimates that are bounded by relevance and timeliness.

f$.$ Information is historically based and usually reported annually.

g$.$ Information is local and pertains to subunits of the organization.

h$.$ Information includes economic and nonfinancial data as well as financial data.

i$.$ Information is global and pertains to the company as a whole.

j$.$ Information is provided to insiders, including executives, managers, and employees.