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There is a huge difference between the 2.
Accounting is the process of managing money while making analytical decisions about money.
Economics is the study of incentives i.e. how and why things are produced and to whom it is produced
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What are the importance of economics to accounting?
check your answer
What is the Importance of economics to an accounting student?
no
What is liability economics?
what is meaning of liability in accounting
Differentiate Technology and Home Economics from Home Economics Technology?
technology is the product of science while home economics refers on study on how to plan life.
What managerial economics and it relations to other disciplines?
accounting
Internal and External Reporting Requirements?
differentiate between financial Accounting and management accounting
Differentiate cost accounting system from financial accounting system?
Q.5 Differentiate Financial Accounting and Management accounting
What is the relationship between accounting and economics?
Relation between Accounting and Economics. Accounting and economics relates to each other in the way that both of them consider the effective and efficient use of resources, particularly when they are scare, and also maximizing the wealth. However, Accounting is the activity which provide information to the owner of the business firm, effective and efficient use of resources and maximization of the wealth of the owner of the firm, While economics does all the activities for the nation and not for an individual.
What is the meaning of differentiate?
It means to explain the differences between one thing and another thing. For example: Can you differentiate "power" and "force"? Or, can you differentiate "history" and "myth"?
What are the importance of economics to accounting?
check your answer
What is the Importance of economics to an accounting student?
no
Differentiate between economics and economic geography how much should I feed my dog?
at least two times or three times a day
What is liability economics?
what is meaning of liability in accounting
Is accounting a branch of science?
Although it uses some mathematics, accounting is a branch of economics.
Differentiate between cost accounting and financial accounting?
Cost accounting is usually involved with management accounting. Financial accounting tends to deal with the past and presents information like statements for public and private use. Management.the question am asking have not been answered .because financial accounting and cost accounting is not the same nor even having the same answer .
Differentiate Technology and Home Economics from Home Economics Technology?
technology is the product of science while home economics refers on study on how to plan life.
What managerial economics and it relations to other disciplines?
accounting
