In approximately 225-250 words, Explain in your own words what did you learn is the focus of managerial accounting? Choose one module (Module 2 thru 6) and reflect on how the core concepts described in that module can help you become a better leader and an effective decision-maker.

- Module 2 ( Learning Objectives: Describe the characteristics of an account and a chart of accounts. Describe and illustrate journalizing transactions using the double-entry accounting system. Describe and illustrate the journalizing and posting of transactions to accounts.)

- Module 3 ( Learning Objectives: Describe the nature of the adjusting process.- Prepare adjusting entries for accruals.- Prepare adjusting entries for deferrals. - Prepare adjusting entries for depreciation. - Prepare an adjusted trial balance.)

- Module 4 ( Learning Objectives: Describe the flow of accounting information from the unadjusted trial balance into the adjusted trial balance and financial statements. Prepare financial statements from adjusted account balances. Prepare closing entries.)

- Module 5 ( Learning Objectives: Describe and illustrate the accounting for merchandise transactions. Describe and illustrate the adjusting process for merchandising business. )

- Module 6 ( Learning Objectives Describe the importance of control over inventory. Determine the cost of inventory under the perpetual inventory system, using the FIFO, LIFO Determine the cost of inventory under the perpetual inventory system, using the weighted average cost methods.)