1. It offers 5 examples of business activities or accounting reports that reflect the difference between financial accounting and management accounting in different aspec (purpose, focus, disclosure, etc.) and describes its importance in the performance of the company. (10 points ) Example: Financial Accounting Preparation of a report that includes the quarterly production to report the quarterly results to the parent company. It allows the preparation of quarterly reports for regulatory agencies and shareholders. Management accounting Preparation of a weekly production report by type of product to measure performance. It provides information that helps us estimate in advance whether or not the monthly production goal will be achieved and identify possible problems that impede the achievement of the goal. Rectangular Snip