ACCT 346 Week 4 Midterm 2

This work of ACCT 346 Week 4 Midterm 2 includes answers to the next questions:

1. Which of the following is not a difference between financial accounting and managerial accounting?2. Which of the following statements regarding fixed costs is true?3. You own a car and are trying to decide whether or not to trade it in and buy a new car. Which of the following costs is an opportunity cost in this situation?4. Shula