Chapter 01 Questions 1-18, Mini exercise M1-1 thrue M1-3. E1-3, E-5, E-6, E-8, E-9, E-11, P1-1 1) it is a system that processes and collect financial info. About the org. and presents that info. To the decision makers. 2) *Financial accounting is focus in the external decision makers and prepare 4 financial statements. *Managerial accounting is information more detailed for internal use, which reports to the owners about the conditions and transactions of the company. 3) The internal group are…
Words 508 - Pages 3