Contrast managerial and financial accounting (Learning Objective 2)

Your roommate, who plans to specialize in international business, is considering whether to enroll in the second principles of accounting course. She says, “I don’t want to be an accountant, so why do I need a second accounting course? I just spent a whole term on financial accounting. Most of this second course focuses on manager¬ ial accounting, but how can that be so different from what I already learned in finan¬ cial accounting?” Respond.