Business, 22.04.2021 18:10, TylerU2770
Financial and Managerial Accounting Indicate whether each phrase is more descriptive of financial accounting or managerial accounting.
(a) May be subjective Financial accounting Managerial accounting
(b) Often used to obtain financing Financial accounting Managerial accounting
(c) Typically prepared quarterly or annually Financial accounting Managerial accounting
(d) May measure time or customer satisfaction Financial accounting Managerial accounting
(e) Future oriented Financial accounting Managerial accounting
(f) Has a greater emphasis on cost-benefit analysis Financial accounting Managerial accounting
(g) Keeps records of assets and liabilities Financial accounting Managerial accounting
(h) Highly aggregated statements Financial accounting Managerial accounting
(i) Must conform to external standards Financial accounting Managerial accounting
(j) Special-purpose reports Financial accounting Managerial accounting
(k) Decision-making tool Financial accounting Managerial accounting
(l) Income statement, balance sheet, and statement of cash flows Financial accounting Managerial accounting
Answers: 2
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Financial and Managerial Accounting Indicate whether each phrase is more descriptive of financial ac...
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