Elance Exams Answers PDF file

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Which of the following is more the management accounting function than a financial accounting function?

The information produced allows outsiders to judge the overall past performance of a business
The information produced is not made public and is used for internal decision making only
It is focused on producing the balance sheet and income statement
The central outputs are audited financial statements
It is focused on producing a limited set of specific prescribed financial statements in accordance with generally accepted accounting principles
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