Question: 1. Define the following concepts, Fixed Cost, Variable Cost, Unit Cost, Relevant Range, Managerial Accounting and Financial Accounting. 2. Discuss the differences between. Managerial Accounting

1. Define the following concepts,

Fixed Cost, Variable Cost, Unit Cost, Relevant Range, Managerial Accounting and Financial Accounting.

2. Discuss the differences between.

Managerial Accounting and Financial Accounting

Fixed Cost and Variable Cost

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