Question
The chapter points out that differences between financial and management accounting relate to differences in the decisions made by managers and those made by parties
The chapter points out that differences between financial and management accounting relate to differences in the decisions made by managers and those made by parties external to the firm. If management accounting is supposed to serve the information needs of managers, why should managers know and understand financial accounting?
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College Accounting Chapters 1-13
Authors: John Price, M David Haddock, Michael Farina
13th Edition
007743062X, 9780077430627
