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Discussion Question
Question I: Tell us about yourself so you can meet and greet other fellow Grantham University students within your course (I will answer this first part of A). Include what you believe to be your current knowledge level of this course topic and how is managerial accounting relevant to you in your future career?
Question II: As you dive and begin to explore new elements of accounting and the accounting profession, you will find that the world of accounting offers many different types of jobs. Managerial and Financial accounting are just two examples of the many facets of the accounting world. As the world of accounting has changed greatly in the last ten years, there is a new focus on the importance of ethics in all areas of the accounting profession. Keep these key elements in mind as you explore the materials, then address these questions
Question i. What are the key differences between managerial and financial accounting?
Question ii. Why has ethical behavior in the area of accounting and finance become so important?
Address how basic financial statements and their usefulness to external users, transactions using debit and credit rules, and journalizing business transactions concepts relate to the practice of accounting and its uses in the business.
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due to varying business characteristics the managerial accounting techniques applied in each business may differ. for
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A company has total assets worth pays an average interest rate of 11 percent. EBIT is equal to €500,000. What is the rate of return on equity of this company?
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