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1 - 1 B Financial vs Managerial Accounting Each of the following activities is mainly related to Financial or Managerial Accounting. For each item note
B Financial vs Managerial Accounting
Each of the following activities is mainly related to Financial or Managerial Accounting. For each item
note if it is more closely related to Managerial Accounting MA or Financial Accounting FA
a Preparing a bank reconciliation.
b Preparing a cash budget.
c Preparing a cost overrun report comparing budget data to actual results.
d Preparing a cost analysis of a planned building renovation.
e Preparing journal entries related to the purchase of a car.
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