Distinguish between managerial and financial accounting
Primary Users of Reports
Types and frequency of reports (examples)
Purpose of...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Distinguish between managerial and financial accounting
Primary Users of Reports
Types and frequency of reports (examples)
Purpose of Reports ( examples)
What is the value chain? example
Answer & Explanation
Solved by verified expert
3.8 Ratings (724 Votes)
In general financial accounting refers to Accounting information into financial statements while managerial accounting refer to internal processes used to account for business transactions There are a number of difference between financial and managerial accounting Which fall into the following categories Aggregation financial accounting reports on the results of entire business Managerial accounting almost always reports at a more detailed level such profit by product product line customer and geographic region Efficiency financial accounting reports on the profitablity of business whereas
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!