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Discuss importance of both areas of accounting to a business

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Reference no: EM132051889

Question: Post to the Discussion Board your thoughts on the difference between managerial accounting and financial accounting. Your post should include the following:

• Define and explain the differences and similarities.

• Review at least 3 criteria for both types of accounting.

• Be sure to discuss the importance of both of these areas of accounting to a business.

• Decide which you think you would prefer to pursue as a career if given the choice. Explain why.

• Explain the difference between mixed, variable, and fixed costs.

• Define and explain job order costing.

• Name two types of business where job order costing could be used.

Reference no: EM132051889

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