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Distinguish between financial and managerial accounting

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Question: Answer the following questions:

1. Distinguish between financial accounting and managerial accounting as to user groups and time horizons.

2. Why should the chief accountant of an organization have a clear understanding of both financial and managerial account?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131999710

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