Seject whether the following characteristics are most often associated with managerial accounting or financial accounting.

Priefarily used for internal decision making

Genefally Accepted Accounting Principles $($GAAP$)$ must be used

Prepared statements usually pertain to the company as a whole rather than individual departments or products

Information provided will often be subjective, such as estimated future results

dften premared on an as$-$needed basis rather than at fixed intervals