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Discuss How Financial Accounting Compares to Managerial Accounting in the Following

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Essay

Discuss how financial accounting compares to managerial accounting in the following three areas: (a) Type of information presented, (b) Timing of reports, and (c) adherence to accounting standards.


Definitions:

Facebook

A social networking site that allows users to connect with friends and family, share content, and engage with various online communities.

MySpace

A social networking website launched in 2003 that allows users to create personal profiles, share music and photos, and connect with friends; it was once one of the most popular sites on the web but has since seen a decline in usership.

LinkedIn

A professional networking platform designed to connect individuals and businesses for career and business opportunities.

Petrobras

A Brazilian multinational corporation in the petroleum industry that is among the largest energy firms in the world.

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