Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for ______.

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13-07-2022
Business

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Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for ______.

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mboluwape mboluwape · Answer 1 · 2022-07-19T17:13:32+02:00

Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for investors and stakeholders.

What is financial accounting?

Financial accounting involves having a detailed report of a company's financial transactions such as income and expenditure that can be presented or vetted by stakeholders.

Therefore, Financial accounting and managerial accounting differ in terms of who uses the information. Financial accounting provides information primarily for investors and stakeholders.

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