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Question One a) List and briefly explain five areas where Financial Accounting differs from management Accounting. b) Most of the applications of Cost Accounting appear

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Question One a) List and briefly explain five areas where Financial Accounting differs from management Accounting. b) Most of the applications of Cost Accounting appear to relate to manufacturing companies. Can cost accounting be applied in other organisations? If so, give 5 examples of organisations where cost accounting could be usefully employed

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