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Why do you think both are important in accounting

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Question 1. What is the difference between financial and managerial accounting? Why do you think both are important in accounting? Develop a scenario (real life or make up) where you had to apply either financial or managerial accounting or both forms of accounting. Did you find it useful or not? Why or why not? Incorporate GAAP in your scenario as well. Do you think using GAAP was beneficial or not? Explain whether it was or wasn't.

Question 2. With the topic "The effects of climate change" answer the questions below

a- If you were planning to develop an experimental design for your topic, which design option would you choose? Be sure to identify and explain the design you chose and why.

b- Next, be as specific as you can about how you would apply that design to your topic.

c- Lastly, for the design that you chose, what potential threats to validity must be guarded against?

 

Reference no: EM133574429

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