1-You have joined the FP&A department of Air Liquide.The CFO in 2020 wasFabienne Lecorvaisier.She has since moved to take an Executive post for the Company in Sustainability.7She is looking to add you to his already strong FP&A team.This is your interview with the current FP&A team.The first question is "why is knowledge of managerial accounting as important as financial accounting for an FP&A analyst?To receive full credit, give one example of managerial accounting that is different than financial accounting that is important for FP&A.

2-The FP&A department reports to the CFO.Often, FP&A refer to line managers (VP of Sales, VP of Production, etc.) as "clients".Why would they call them "clients"?To receive full credit, provide specific examples.