Explain how this statement: Managerial accounting and financial accounting work is interrelated and the accountants must work

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Explain how this statement: “Managerial accounting and financial accounting work is interrelated and the accountants must work together closely” relates to accounting concepts.

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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