Same as last time, pick one to answer and explain it.

1. Describe the managerial accountant's role in business planning, control, and decision making.

2.Distinguish between managerial and financial accounting on one of the items below:

1. a:Users and decision makers.
2. b: Purpose of information.
3. c: Flexibility of practice.
4. d: Time dimension.
5. e: Focus of information.
6. f: Natureofinformation.

3.Assume that you tourApple's factory where it makes its products. List three direct costs and three indirect costs that you are likely to see.

4.How do an income statement and a balance sheet for a manufacturing company and a merchandising company differ?