Managerial accounting is different from financial accounting in that


Managerial accounting is different from financial accounting in that: O Managerial accounting is used extensively by investors, whereas accounting is used extensively by investors, whereas financial accounting is used only by creditors O Managerial accounting is mainly used to set stock prices O Managenial accounting never includes nonmonetary information O Managerial accounting includes O Manegerial accounting is more focused on the organization as a many projections and estimates whereas financial accounting has a minimum of predictions g is more focused on the organization as a whole and financial accounting is more focused on subdivisions of the organization

Answer

Answer: Managerial accounting includes many Projections and estimates whereas financial accounting has a minimum of Predictions.

Explanation:

Managerial Accounting focuses on relevant , subjective, future oriented information Whereas Financial Accounting relies primarily on objective, reliable, and historical information.

Managerial Accounting is frequently deals with estimates, rather than proven and verifiable costs, whereas Financial accounting requires that records be kept with Considerable Precision, which is needed to prove that the financial statements are correct.

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