Explain the difference between managerial and financial accounting.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Financial accounting is concerned with providing information to those outside an entity such as investors lenders and CRA Managerial accounting provid...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
What is the difference between managerial and financial accounting?
-
What is the difference between managerial and financial accounting?
-
Explain the difference between financial and managerial accounting. In your answer, describe the different audiences for the two types of accounting and the various individuals who are involved in...
-
Which type of Organizational Model put the MOST emphasis on establishing MORALE and AUTONOMY O a. Hierarchical style Model b. O c. O d. Flat Management (Holocracy) Model Multi-divisional style Model...
-
What is JIT?
-
You are engaged in the audit of the December 31, 2010, financial statements of Epworth Products Corporation. You are attempting to verify the costing of the work-in-process and finished goods ending...
-
Argue the case for and against the political independence of central banks.
-
1. What would be the advantages/disadvantages of using cost-of-service versus value-of service pricing for Hardees customers? When discussing cost-of-service pricing, what type of cost (average...
-
Differentiation and Positioning: Uber vs Lyft Discussion Questions 1. Conduct a SWOT Analysis for both Uber and Lyft 2. What segmentation strategies or variables would be appropriate for ride-sharing...
-
Liquid extraction is an operation used to separate the components of a liquid mixture of two or more species. In the simplest case, the mixture contains two components: a solute (A) and a Liquid...
-
1. When auditing around the computer, the independent auditor focuses solely on the source documents and a. Test data. b. Computer processing. c. Compliance techniques. d. Computer output. 2. In...
-
Describe the characteristics and qualities that you think are required by a good accountant.
-
Correct the definition of the italicized term without reference to the text, if correction is needed, so that it is in a form acceptable for publication. A composition series of a group G is a finite...
-
1. A manufacturer sets up an infrastructure which costs Rs. 55500 to manufacture a product, which costs Rs. 125 per unit. Write down the Total cost function for the manufacturer
-
Solve the equation. (5 points) (8) (9) e5x+6ydydx =
-
A charged sphere in static equilibrium is resting on a horizontal surface. Directly above it is another charged sphere (also in static equilibrium) that is hanging from a string. The 50 kg red sphere...
-
what manner does the dialectic between consequentialist utilitarianism and deontological ethics elucidate the ethical complexities inherent in contemporary technological advancements, particularly in...
-
Labor Supply Define or explain the terms and what they mean to labor supply. Give examples where applicable. A. Utility maximization, preferences, and budget constraint B. Income and substitution...
-
If the government levies a pollution tax such that the utility generates the efficient quantity of electricity, calculate the quantity of electricity generated, the price of electricity, the size of...
-
Define a traverse in Surveying?
-
An opinion column in the Wall Street Journal noted that many economists expect GDP growth will be stuck at around 2 percent in the years to come. The columnist also noted that productivity growth has...
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
Suppose Microsoft Co. will pay a dividend of $0.8 per share one year from now (year 1), and $1.6 per share two years from now (year 2). After then (in other words, after the second year) dividends...
-
Company Enterprise Value Revenue Company X $ EBITDA 5,100,000.00 $ 2,200,000.00 Registered Members FCF EV/Revenue EV/EBITDA EV/FCF 2,000 Doximity $ 4,120,000,000.00 $ 468,330,000.00 $ 186,530,000.00...
-
A company projects that next year's sales will grow 20% and ROA (net income divided by the previous year's total assets) is constant at 12%, but long-term debt and equity do not change with sales...
Study smarter with the SolutionInn App