W1-3 (A) Consider the following concepts I. Profitability I. Productivity III- Quality IV. Liquidity Which two of these concepts are a primary focus of financial accounting (a) I and II (b) I and II (c) I and IV (d) II and III (e) II and IV III and IV (B) Consider the following concepts I. Solvency. II. Efficiency III. Profitability IV. Quality Which two of these concepts are a primary focus of managerial accounting (a) I and II (b) I and III (c) I and IV (d) II and III (e) II and IV II and IV (C) Which one of the following is not a feature of financial accounting? (a) external users are the principal users of reports (b) reports are generated on an as needed basis (co rules and regulations are governed by GAAP d) reports depict past results and present conditions but does not generally include future projections (D) Which one of the following is not a feature of managerial accounting? (a) rules and regulations are governed by company policy (b) external users are the principal users ofreports (c) reports are generated on an as needed basis d) reports depict pat results, present conditions, and future projections (E) Which one of the following is not a feature of financial accounting? (a) external users are the principal users of reports b) reports are generated at periodic intervals reports depict past results and present conditions but does not generally include future projections (d) rules and regulations are governed by company policy (F) Which one of the following is not a feature e of managerial accounting reports depict pat results and present conditions but does not generally include future projections (b) rules and regulations are governed by company policy (c) internal users are the principal users of reports d) reports are generated on an as needed basi