DISCUSSION ONE MANAGERIAL ACCOUNTING

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This assignment has 4 parts:

The focus of this course is managerial accounting which differs from financial accounting. Understanding the differences will give you a better understanding of the relevance of the material you will be learning. Discuss the following:
• Who are the users of financial and managerial accounting?
• What constraints are there within financial and managerial accounting reporting?
• When financial and managerial accounting reports are completed, what is the focus of the information?
• How timely is the information that is compiled with financial and managerial accounting?

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