The primary reason that financial accounting and managerial accounting have somewhat different objectives is because they

A) need information in different formats
B) provide information for different decisions
C) need information in different geographic locations
D) need information at different times

Financial accounting is focused on providing information to external stakeholders, such as investors and creditors, in order to help them make decisions about whether or not to invest in a company. Managerial accounting, on the other hand, is focused on providing information to internal stakeholders, such as managers and employees, in order to help them make decisions about how to effectively manage and run the company. Therefore, their objectives are different and tailored to the specific needs of their intended audience.