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1. Define the following concepts, *Fixed Cost, *Variable Cost, *Unit Cost, *Relevant Range, *Managerial Accounting *Financial Accounting. 2. Discuss the differences between. a) Managerial Accounting
1. Define the following concepts,
*Fixed Cost,
*Variable Cost,
*Unit Cost,
*Relevant Range,
*Managerial Accounting
*Financial Accounting.
2. Discuss the differences between.
a) Managerial Accounting and Financial Accounting
b) Fixed Cost and Variable Cost
c) Be sure to note your source and citation in text
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