complete the Role of Financial Accounting Versus Managerial Accounting Matrix.Role of Financial Accounting Versus Managerial Accounting MatrixACC400 Version 2University of Phoenix MaterialRole of Financial Accounting Versus Managerial Accounting MatrixCompare and contrast financial accounting and managerial accounting by answering the followingquestions in the matrix provided. Cite any sources you use in accordance with APA guidelines.Term or ConceptFinancial AccountingManagerial AccountingWhat is the primarypurpose of theaccountingsystem?What are the typesof reportsproduced?Who are theprimary users?What portion of thecompany is theprimary focus?What time periodsare included?Copyright © 2014 by University of Phoenix. All rights reserved.1 Role of Financial Accounting Versus Managerial Accounting MatrixACC400 Version 2Are there anyrequirements forthe standards ofreportpresentation?If accounting wereyour career choice which of the twowould you choose?Copyright © 2014 by University of Phoenix. All rights reserved.2