Contrast management and financial accounting with respect to the following: Overall purpose Type of financial
Question:
• Overall purpose
• Type of financial reports used (i.e., external, internal, or both)
• Users of the information
Also, in what ways are these two fields of accounting similar?
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Management accounting is concerned primarily with providing information to managers those who work i...View the full answer
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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