Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what are the main differences in the role of finan

What are the main differences in the role of financial accounting and managerial accounting?

50.1K

Verified Solution

Question

Accounting

What are the main differences in the role of financialaccounting and managerial accounting?

Answer & Explanation Solved by verified expert
4.2 Ratings (634 Votes)
Financial Accounting Managerial Accounting 1 Objective of financial accounting is to determine the business results in the form of Income statement and Balance sheet 1 Obective of managerial accounting is to provide the basis for Management    See Answer
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

Chemistry
1.2K views

Problem 15.61 Which of the following gives a buffer solution when equal volumes of the two...

Medical Sciences
1.2K views

1. This is part of the heart that is under the simple squamous epithelium, fibroelastic connective...

Electrical Engineering
1.2K views

module traffic(a, b,clk, reset, P1, P2, PL1, PL2, ind); input a,b; input clk; //g=100 y=010 r=001 input reset;...

Geometry
1.2K views

X 3 2 4 11 11 x 1 x 7 5 12 3x 5 X

Calculus
1.2K views

Use the fact that the derivative gives the slope of a curve to decide which...

Algebra
1.2K views

Use the change of base theorem to find the logarithm log 1 5 9 Use...

Accounting
1.2K views

need help plz with accounting for these 6 questions ...

Accounting
1.2K views

taksimentMandoliverBakeAssignmentSessionLocatori progresse Book 4 Show Me How Omce 365 From Dividends per share Lightfootine, software...

Accounting
1.2K views

Windsor enters into an agreement with Traveler Inc. to lease a car on December 31,...

Accounting
1.2K views

Current Attempt in Progress O 57:00 Hide Ti Cheyenne Corporation owns equipment that cost $49,200...

Accounting
1.2K views

Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All...

Accounting
1.2K views

Based on a predicted level of production and sales of 21,000 units, a company anticipates...