Financial Versus Managerial Accounting. Julia is the loan officer at a local bank that lends money to
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Financial Versus Managerial Accounting. Julia is the loan officer at a local bank that lends money to Sports Outlet, a small sporting goods retail store. She requests several quarterly financial reports on an ongoing basis to assess the store’s ability to repay the loan. Provide one example of a financial accounting report and two examples of managerial accounting reports that Julia might request.
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