Question: Brief Exercise 19-1 Complete the following comparison table between managerial and financial accounting. Financial Accounting Managerial Accounting Primary users of reports Generally Accepted Accounting Principles
Brief Exercise 19-1 Complete the following comparison table between managerial and financial accounting. Financial Accounting Managerial Accounting Primary users of reports Generally Accepted Accounting Principles As Frequently as Needed Special-Purpose Information for Specific Decisions Internal Reports Types of reports Financial Statements Frequency of reports Relevance to Decisions No Independent Audits Purpose of reports External Users Quarterly and Annually General-Purpose Annual Audit by Certified Public Accountant Content of reports Internal Users Verification process Qpen Show Work Click if you would like to Show Work for this
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