Explain the difference between managerial and financial accounting.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Financial accounting is concerned with providing information to those outside an entity such as investors lenders and CRA Managerial accounting provid...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
What is the difference between managerial and financial accounting?
-
What is the difference between managerial and financial accounting?
-
Explain the difference between financial and managerial accounting. In your answer, describe the different audiences for the two types of accounting and the various individuals who are involved in...
-
Which type of Organizational Model put the MOST emphasis on establishing MORALE and AUTONOMY O a. Hierarchical style Model b. O c. O d. Flat Management (Holocracy) Model Multi-divisional style Model...
-
What is JIT?
-
Find the sum of the first 20 terms of the arithmetic sequence whose first term is 100 and whose common difference is 50 .
-
Perform the operations by using the polar form and express the result in rectangular form. \(\left(\frac{j}{1+4 j} ight)^{3}\)
-
Construct a balance sheet for Galactic Enterprises given the following data: Cash balances ........................... $25,000 Inventories ................................ $30,000 Net plant and...
-
While a listing was in fierce, the broker sent a letter to the owner saying that she had obtained a $500.00 deposit on the purchase price of the property. She did not reveal the name of the buyer or...
-
Management at the Kerby Corporation has determined the following aggregated demand schedule (in units): An employee can produce an average of 10 units per month. Each worker on the payroll costs...
-
1. When auditing around the computer, the independent auditor focuses solely on the source documents and a. Test data. b. Computer processing. c. Compliance techniques. d. Computer output. 2. In...
-
Describe the characteristics and qualities that you think are required by a good accountant.
-
As many firms increasingly operate in an international economy, not only are companies having transactions with others in foreign countries, but those transactions are sometimes denominated in a...
-
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a: a. flow of value. b. medium of exchange. c. unit of account. d. store of value.
-
Answer the question on the basis of the following information. The demand for commodity X is represented by the equation P = 100-2Q and supply by the equation P = 10 + 4Q. 100-2Q- a. What is the...
-
Describe when there can be overuse of property jointly held. How can you rectify this problem of overuse?
-
The president of the United States argues that the government should impose a tariff on axles because they are a necessary input into the production of various weapons. Free trade, she contends,...
-
Open-market operations are: a. Commerce Department efforts to open foreign markets to international trade. b. Securities and Exchange Commission rules requiring open disclosure of market trades. c....
-
Arthur is 65 years old. He supports his father, who is 90 years old, blind, and has no income. For 2016, how many exemptions should Arthur claim on his tax return? a. 1 b. 2 c. 3 d. 4 e. 5
-
Define a traverse in Surveying?
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
1.Effective and efficient communication can be hampered by not providing enough information and potentially providing too much information. How can having too little information create issues with...
-
How do the following relate to Information security auditing and what do they mean in that context 1. Standards 2. Polices 3. Procedures 4. Guidelines 5. Framework 6. Internal controls 7. Processes...
-
Suppose user on host with IP address 192.168.1.2/29 wants to send a packet to the user on host with IP address 10.0.0.2/29. Consider the gateway router connected to both private networks makes use of...
Study smarter with the SolutionInn App