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ACCT 105 Week 8.docx ACCT105 Financial and Managerial Accounting American Military Uni

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ACCT 105 Week 8.docx ACCT105 Financial and Managerial Accounting American Military University ACCT105 Financial and managerial accounting are both involved in the same career path. With that bein... g said, questions arise on the difference between the two. In general, managerial accounting entails the internal processes that are used in accounting for business transactions, while financial accounting is the aggregation of accounting information to the financial statement. The difference between financial and managerial accounting falls under certain categories. Further, financial accounting assists external stakeholders in making of an informed decision and managerial accounting assists managers in the improvement of operation and financial performances. Throughout this essay, I will compare and contrast financial and managerial accounting. Also, I will give a real-life example of how financial accounting he. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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