Financial and Managerial Accounting Both Provide Useful Information,but Each Has

question 236

Essay

Financial and managerial accounting both provide useful information,but each has a different emphasis.Briefly distinguish between financial and managerial accounting as they relate to the 1)primary users,2)purpose of information,and 3)focus and time dimension of the information.

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Definitions:

Theodore Roosevelt

The 26th President of the United States (1901-1909), known for his exuberant personality, range of interests, and achievements, including the Panama Canal Treaty and Nobel Peace Prize.

President Wilson

Refers to Woodrow Wilson, the 28th President of the United States (1913-1921), known for his leadership during World War I and the establishment of the League of Nations.

Victory Parade

A celebratory procession organized to commemorate a significant military victory or achievement.