
Describe management accounting and financial accounting.
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Q31: Cost accounting is the process of measuring,
Q32: The balance sheet and income statement are
Q33: There is an overlap or intersection between
Q34: Management accounting report time spans can vary
Q35: Management accounting information and reports do not
Q37: For management accounting, internal measurement and reporting
Q38: Management accounting ensures communication of an organization's
Q39: Financial accounting information focuses on internal reporting.
Q40: Financial accounting provides an organization's past-oriented information
Q41: Generally, companies follow one of two broad
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