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Financial accounting is one of the two main forms of accounting performed by a business. The other form is managerial accounting, which involves the breaking down of various numbers
Financial planning is important to insure that needs can be met. It requires money to support yourself and your family, and if you spend it without planning why or how, you might.
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What are the three major business activities in which accountants play a major role?
Financial Accounting, Managerial Accounting, and Auditing.
What are the major categories of accounting?
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
What are the difference between cost accounting and financial accounting?
Prime role of cost accounting is to calculate the cost per unit of product produce while financial accounting deals with financial reporting of company's performance.
What is the major difference between finance and accounting?
The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances
What are the roles of Management in Accounting?
The role of management levels in accounting is to get full information about the financial position in the organization to get the decision
What are the three major business activities in which accountants play a major role?
Financial Accounting, Managerial Accounting, and Auditing.
What are the major categories of accounting?
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
What are the difference between cost accounting and financial accounting?
Prime role of cost accounting is to calculate the cost per unit of product produce while financial accounting deals with financial reporting of company's performance.
Why is Financial Account?
Financial accounting is important because they play a vital role in the every field of life. Mostly in all types of business financial accounting is used.
What is the major difference between finance and accounting?
The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances
What are the roles of Management in Accounting?
The role of management levels in accounting is to get full information about the financial position in the organization to get the decision
Explain how fundamental accounting concepts are used in preparing financial statements?
explain using various example, how the major accounting concepts are used in preparing financial statement??
What is Financial accounting data?
what is financial accounting?
Is Management accounting starts where financial accounting ends?
Management accounting starts where financial accounting ends
The output of financial accounting is?
The output of the financial accounting is preparation of financial statements.
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting?
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
Compare and contrast between cost accounting and financial accounting?
compare and contrast cost accounting and financial accounting
