Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how does managerial accounting differ from financi

How does managerial accounting differ from financial accounting? Discuss key differences in the users of...

60.1K

Verified Solution

Question

Accounting

How does managerial accounting differ from financial accounting? Discuss key differences in the users of the information and what the information is used for. Why is it important that one of these use GAAP and the other is not required to, and in fact may be less useful if it tries to stick to GAAP requirements like full absorption vs. variable costing?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

MAXIMIZATION BY THE SIMPLEX METHOD Maximize z = x1 + 2x2 + x3 subject to x1 + x2...

Biology
1.2K views

Transcribe and translate the DNA given below. Given below is the coding strand.5'ACCTACCCATGCTCGATAAATGAAGTTCATTTTGACAAGAC 3'

Biology
1.2K views

prevent donkeys and horses from mating prevent fertilization of gametes from members of closely related...

Physics
1.2K views

gestion No 8 stone weighs 50 N at an altitude equal to radius of earth...

Basic Math
1.2K views

9 10 Evaluate the line integral f xy 3 ds where C is the curve...

Basic Math
1.2K views

Scenario 1 Falling and Falling The value of some cell phones changes exponentially after initial...

Statistics
1.2K views

50 points Let xi y1 2 2 3 3 Xn yn represent n pairs of...

Calculus
1.2K views

In a circle of diameter 10, find the area of a sector whose centralangle is...

Accounting
1.2K views

ITEMS TO COMPLETE FOR THIS PROJECT: PROMPT You are the new cost accountant at SRS....

Accounting
1.2K views

Which of the following statements below shows the contrast between data and information? ...

Accounting
1.2K views

Book value of stockholders equity usually differs from company market value. Explain some reasons why...

Finance
1.2K views

Calculate the Weighted Average Cost of Capital for Amazon and eBay. Use the following: WACC...