Question: ( 1 ) What is the fundamental difference between financial and managerial accounting? Explain. ( 2 ) How does this fundamental difference in users affect

(1) What is the fundamental difference between financial and managerial accounting? Explain.
(2) How does this fundamental difference in users affect the emphasis of financial vs managerial accounting? Explain.
(3) How would you describe the 3 vital activities of managerial accounting?
(4) How would you describe the 4 broad areas of a management accountant's ethical responsibility?
answeres from textbook Managerial Accounting, 18th Edition (Garrison)

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