Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The main difference between financial and managerial accounting as a. most people don't know the difference b. financial indicates how much is financed c. managerial

The main difference between financial and managerial accounting as 

a. most people don't know the difference 

b. financial indicates how much is financed 

c. managerial is used to borrow money 

d. managerial has no rules and helps management perform more efficiently 

e. financial is rarely used

Step by Step Solution

3.35 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

d managerial has no rules and helps management perform more effic... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

3rd Edition

978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856

More Books

Students also viewed these Accounting questions

Question

How do financial and managerial accounting differ? Discuss.

Answered: 1 week ago

Question

How do financial and managerial accounting differ?

Answered: 1 week ago

Question

Explain the various techniques of Management Development.

Answered: 1 week ago