Question
One of the differences between financial accounting and cost accounting is that financial accounting is to be historical while cost accounting is predictive. State briefly
One of the differences between financial accounting and cost accounting is that financial accounting is to be historical while cost accounting is predictive. State briefly what you understand this to mean.
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Advanced Financial Accounting
Authors: Richard E. Baker, Valdean C. Lembke, Thomas E. King
5th Edition
0072444126, 978-0072444124
