Use the following table to indicate whether the information is more representative of managerial Versus financial accounting.

Question:

Use the following table to indicate whether the information is more representative of managerial Versus financial accounting. The first item is shown as an example.
Financial Managerial
Information Item Accounting Accounting
Estimates of future revenue...............................................................X
GAAP-based product cost
Salary of the manager of a particular branch of a bank
Salary expense for all company employees shown in the income statement
Historical-based information included in rules established by government authorities
Reports designed for the company president
Daily time clock reports
A company's annual report to stockholders
Budgets
Information provided to investors and creditors
Vacation schedules for key employees
Customer satisfaction survey results
Amount of total assets shown on the Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...