Which of the following does NOT explain the distinction between financial statements and management accounts? A Financial statements are primarily for external users and management accounts are...

Which of the following does NOT explain the distinction between financial statements and
management accounts?
A Financial statements are primarily for external users and management accounts are
primarily for internal users
B Financial statements are normally produced annually and management accounts are
normally produced monthly
C Financial statements are more detailed than management accounts
D Financial statements are audited by an external auditor and management accounts do not
normally have an external audit