Business

Business The objective of score is to provide decision-makers with accurate and in effect(p) instruction for making business decisions. Good method of accounting breeding leads to better decisions, which lead to improved profitability (or greater services, in the case of not-for-profits). Accountants have realized that the information necessarily of outside decision makers (such as stockholders, creditors, potential investors, government, labor unions, etc.) are diametral from those internal decision-makers (such as managers of the company).

Accordingly, field of accounting has been divided into to d uad broad categories of Financial Accounting and Managerial Accounting. Financial accounting primarily focuses on the information needs of external decision-makers. On the other hand, Managerial accounting focuses on the information needs of internal decision-makers. The following table summarizes the differences between the two. All expenses infallible to secure customer orders and hasten the finished p...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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