Question: Health financial management Explain the difference(s) between Financial & Managerial Accounting. What is the duality principle? Why are capital items (buildings, equipment, etc. ) depreciated

Health financial management Explain the difference(s) between Financial & Managerial Accounting.

Health financial management

What is the duality principle? Why are capital items (buildings, equipment, etc.

Explain the difference(s) between Financial & Managerial Accounting. What is the duality principle? Why are capital items (buildings, equipment, etc. ) depreciated over thek useful life and discuss the importance of this principle. Explain the difference between restricted and unrestricted assets. Give examples of restricted assets. Consistency is important for fair financial representation. Explain and cite an example of Inconsistency in financial reporting

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