MANAGERIAL ACCOUNTING
MANAGERIAL ACCOUNTING
5th Edition
ISBN: 9781265688165
Author: Noreen
Publisher: MCG CUSTOM
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Chapter P, Problem P.5Q
To determine

Concept introduction:

Accounting has its two branches; managerial accounting and financial accounting. Managerial accounting is done to serve the analytical needs of the management and financial accounting is done for the regular recording of business transactions. 

To indicate: the importance of managerial accounting for business majors and their future careers. 

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