Question: Q.1. Managerial accounting emphasizes decision affecting the future relevance, timeliness and segment reports, whereas financial accounting stresses financial consequences of past activities, precision, objectivity and

Q.1. Managerial accounting emphasizes decision affecting the future relevance, timeliness and segment reports, whereas financial accounting stresses financial consequences of past activities, precision, objectivity and verifiability, being a student of managerial accounting course you are required to explain how managerial accounting differs from financial accounting.

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