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3 Cards in this Set
- Front
- Back
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What is financial accounting?
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Focuses on reporting to external parties such as investors, government agencies, banks, and suppliers.
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What is management accounting?
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Measures, analyzes, and reports financial and non-financial information that helps managers make decisions to fulfill the goals of an organization.
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What is cost accounting?
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Measures, analyzes, and reports financial and non-financial information relating to the costs of acquiring or using resources in an organization.
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