accounting-Compare Managerial and financial accounting.

QUESTION

1. Compare
Managerial and financial accounting.
Using vocabulary from the text make at least 3 comparisons between the
two areas.

2. Compare job costing to process costing. In your comparisons include information on
the type of businesses that would use each of the costing systems.

3. What is a CVP analysis? Describe a basic CVP analysis and provide an
example using your own numbers. Please
do not copy a problem from your text.

4. What is budgeting? Why is it important? Describe one type of
budget and how it would be utilized in a business.

5. What topic in this course did you find most
useful to you? Which topic would you
have liked to have studied in more detail?

 

ANSWER:

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