You have now taken both financial accounting and completed the final chapter in managerial accounting. Please post
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Question:
You have now taken both financial accounting and completed the final chapter in managerial accounting. Please post answers to the following questions based on what you learned:
1) Define financial accounting
2) Define managerial accounting
3) What are the similarities between financial and managerial?
4) What are the differences between financial and managerial?
5) Which type of accounting do you prefer? Give at least two reasons for your choice.
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