Select the correct statement regarding managerial and financial accounting.
A. Both managerial and financial accounting use economic and physical data in addition to financial data.
B. Financial accounting is more highly regulated than managerial accounting.
C. Timeliness is more important in financial accounting than in managerial accounting.
D. Users of managerial accounting information desire greater aggregation than do users of financial accounting information.
Answer: B
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Which of the following does not accurately characterize export management companies?
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