Management Accounting - 7.Edition - 2015 A. L. Hartgraves, W. J. Morse
- one source from the book that I use for the class
- the assignment is to answer these questions:
In your own words, list and describe five differences between financial accounting and managerial accounting. Be sure to explain how the two differ on each point you list.
Describe the two major types of budgets we discussed in the budgeting process. As part of your description, you should provide specific examples of each.
List and describe four potential advantages of budgeting and four potential disadvantages of budgeting. As part of your description, you should provide specific examples of the advantages and disadvantages.
Length: 1 pages (275 Words)
Financial accounting is prepared for internal and external uses. Management accounting, on the other hand, is exclusively for internal use (Hartgraves & Morse, 2015).
Application of Standards
Financial accounting must comply with the established principles and standards. In contrast, the other type does not have to follow strict accounting standards.
* Once your purchase is processed by paypal you will be redirected back to this page and you'll have the option to download the paper. We'll also send the paper to your paypal email address as proof of purchase.Download Paper