1.CVP analysis focuses on the relationship between cost and profitability. Do you think analysis on the behaviour of cost alone is sufficient in making operational decisions? 2. please add a question to continue a topic
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Discuss some of the differences between financial accounting and managerial accounting.
Define and discuss in detail managerial accounting. What is its purpose? How is it used? What are the primary responsibilities of a management accountant? Discuss some of the differences between financial accounting and managerial accounting. Summarize the ethical standards of management accountants. Define job order costing. Compare and contrast job order costing with process costing. […]