Question
This course is dealing with managerial accounting versus financial accounting. One of the biggest differences between the two is A. managers and other internal organization
This course is dealing with managerial accounting versus financial accounting. One of the biggest differences between the two is\ A. managers and other internal organization users will receive various reports to help them achieve their goals and objectives, whereas financial accounting deals with a set of financial statements that are provided to external users.\ B. managerial accounting has strict deadlines when it provides information to managers and in financial accounting organiazation issue reports to investors, shareholders and creditors when it thinks it is needed.\ C. financial accounting deals with internal reports and managerial accounting deals with making information available to third parties (investors, creditors, shareholders).\ D. managerial accounting is not as important as financial accounting.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started