Include the following in your discussion:\ Explain the difference between financial and managerial accounting limits, and how this effects what managerial accounting information a company may be willing to share publicly. How does this difference contribute to managerial accounting's role in decision-making within an organization compared to financial accounting? Consider the scope involved in managerial accounting, including both the Value and Supply Chain. Define both the Value and Supply Chain for Levi Strauss and why it is important to include them in management decisions.

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ANSWER Financial accounting focuses on reporting financial information to external parties such as investors creditors and regulatory agencies Its primary purpose is to provide an accurate picture of ... View the full answer