Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting.

A. Financial accounting
B. Managerial accounting
C. Both financial and managerial accounting
D. Neither financial nor managerial accounting

1. Is relied on for making decisions.

2. Has reports that can be obtained through the company website or
requested from the company CFO for publicly traded companies.

A. Financial accounting

B. Managerial accounting
C. Both financial and managerial accounting
D. Neither financial nor managerial accounting

1. Is relied on for making decisions.
C. Both financial and managerial accounting

To determine the appropriate match for each characteristic, let's examine the nature of financial accounting and managerial accounting:

Financial Accounting:
Financial accounting is concerned with recording, classifying, and summarizing financial transactions of an organization. It primarily focuses on providing financial information to external parties like investors, creditors, government agencies, and the general public. The reports generated by financial accounting are based on Generally Accepted Accounting Principles (GAAP) and are subject to legal requirements.

Managerial Accounting:
Managerial accounting, on the other hand, is the process of collecting, analyzing, and interpreting financial information for internal use by management. It emphasizes providing relevant and timely information to aid in decision-making, control, and performance evaluation within an organization. Managerial accounting reports are often customized to meet the specific needs of management and are not typically subject to external regulations.

Now, let's match each characteristic:

1. Is relied on for making decisions:
This characteristic aligns with managerial accounting because managerial accounting information is specifically designed and used for decision-making within an organization. Therefore, the answer is B. Managerial accounting.

2. Has reports that can be obtained through the company website or requested from the company CFO for publicly traded companies:
This characteristic relates to financial accounting since financial accounting reports are typically made available to the public and can often be accessed through the company website or requested from the CFO. Therefore, the answer is A. Financial accounting.

Based on the explanations provided, the matches for the given characteristics are as follows:

1. Is relied on for making decisions: B. Managerial accounting.
2. Has reports that can be obtained through the company website or requested from the company CFO for publicly traded companies: A. Financial accounting.

1. Managerial accounting - Managerial accounting is focused on providing information to internal users, such as management, to facilitate decision-making.

2. Financial accounting - Financial accounting involves the preparation and reporting of financial statements for external users, including shareholders, creditors, and regulatory bodies. These reports are typically made available to the public through the company's website or upon request from the CFO for publicly traded companies.