Which of the following is not accurate when it pertains to managerial accounting?

A. uses past information to estimate the planning of future operations

B.provides economic data reports on the operations and condition of the business that are useful for banks and other creditors in deciding whether to lend money to the business

C. gathers and reports information that is relevant to the decision-making needs of management

D. uses both financial accounting information and estimates in helping managers make daily decisions