In the following chart, compare financial accounting and managerial accounting by describing how each differs?

Fin.Acctg Mgr Acctf

1. Users and decision makers . . . . . . . . ____ ____
2. Purpose of information . . . . . . . . . . ____ ____
3. Flexibility of practice . . . . . . . . . . . . ____ ____
4. Timeliness of information . . . . . . . . . ____ ____
5. Time dimension . . . . . . . . . . . . . . . ____ ____
6. Focus of information . . . . . . . . . . . . ____ ____
7. Nature of information . . . . . . . . . . . ____ ____