which of the following best describes the main difference between management account 591922

Which of the following best describes the main difference between management accounting and financial accounting?

1. Management accounting is focused on non financial factors, whereas financial accounting is focused on financial factors.
2. Management accounting is primarily concerned with external stakeholders, such as shareholders and investors.
3. Management accounting is focused on internal users of information and is concerned with information used for planning, decision making, and control.
4. Management accounting is based solely on cost control within organizations.