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Are those correct ? Managerial and financial accounting differ in many aspects. Requirement For each of the following, indicate whether the statement relates to management
Are those correct ?
Managerial and financial accounting differ in many aspects. Requirement For each of the following, indicate whether the statement relates to management accounting (MA) or financial accounting (FA): MA a. Helps investors make investment decisions FA b. Provides detailed reports on parts of the company FA c. Helps in planning and controlling operations MA d. Reports can influence employee behavior FA e. Reports must follow Generally Accepted Accounting Principles (GAAP) FA f. Reports audited annually by independent certified public accountantsStep by Step Solution
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