Question: G knowledge.. UMGC ACCT 301 - Comparative Analysis Managerial and Financial Accounting Based on your work through this course, you have been exposed to Managerial
G knowledge.. UMGC ACCT 301 - Comparative Analysis Managerial and Financial Accounting Based on your work through this course, you have been exposed to Managerial and Financial Accounting. Using your work to date, compare and contrast financial and managerial accounting. This should be a two-page analysis with appropriate citations. . Compare/contrast two accounting disciplines: financial and managerial accounting. . Consider the concept of breakeven analysis and target income. o To apply breakeven analysis, why should the expenses reported in external financial reports be reorganized into categories based on cost behavior? . How do these analytical tools relate to product pricing and cost management (i.e., why would this analysis be useful to management)? . Why would a company seek to position its products as low-priced or high- priced items in the marketplace? How might the approach affect sales dollars, sales volume, and profits? . Search and review your course materials for pricing strategies. Search specifically for the word pricing. Summarize the concepts and issues from the course materials. Explain the interrelationships between accounting, information systems, sales, marketing, and profit planning
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