Which of the following statements represents a difference between financial accounting and managerial accounting? a. Managerial accounting information is audited annually, whereas financial accounting information is not audited annually. b. Managerial accounting information is not restricted by specific rules such as generally accepted accounting principles (GAAP), whereas financial accounting transactions and events are recorded and reported using GAAP. c. The reports generated using managerial accounting are for all the stakeholders of a company, whereas the reports generated using financial accounting are meant only for the internal stakeholders. d. Managerial accounting deals only with cash flows, expenses, and revenues, whereas financial accounting deals with assets, liabilities, O cash flows, expenses, and revenues