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Thank you in advance After reviewing the textbook Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition and your research, in your own

Thank you in advance After reviewing the textbook Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition and your research, in your own words list and describe two (2) differences between managerial and financial accounting. How does compliance, standards and the audience play a role in the differences and why? Can they be used independently of one another or do they share a symbiotic relationship? (Chapter 1) Decision making is the process of making choices through gathering information and assessing alternate resolutions. Using a process can help you make more deliberate decisions by examining the information and all alternatives. Think about a recent purchase that you made. What did you buy and why? What types of information and data did you collect prior to the purchase? What additional information do you wish you had prior to making your decision? Please explain. (Chapter 2)

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