Differences between financial and managerial accounting

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1- Relate Marx’s statement “The only moving forces that political economy recognizes are human greed and the war among the greedy” to our reading from the Wealth of Nations by Adam Smith in the previousmodule

2- According to Smith, why are “masters” (employers) likely to prevail in disputes against working people?

3. Write an e-mail to your friend explaining the differences between financial and managerial accounting. Provide easy examples to help your friend understand. Remember to tell your friend why a good understanding of the differences in financial and managerial accounting is important.

Reference no: EM132189867

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