According to accounting principles, Cost accounting provides information for managers within an organization, whereas Financial accounting primarily provides information outside.
This is because Cost accounting is a method that estimates the figures that deal with costs of obtaining or gathering resources in an organization. Managers generally use it to make provisions for the production process.
On the other hand, Financial accounting calculates a company's financial position to outsiders or external bodies like investors, banks, and governing or monitoring bodies.
Hence, in this case, it is concluded that the correct answer is "Cost" and "Financial" accounting, respectively.
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