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Financial and Cost accounting question. 1 a. Explain any TWO (2) similarities between the management and financial accounting. b. State how changes in volume would

Financial and Cost accounting question.

1 a. Explain any TWO (2) similarities between the management and financial accounting.

b. State how changes in volume would affect variable and fixed costs, both in total and per unit. Construct graphs to present this behavior.

c. State FOUR (4) examples of Current Liabilities.

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