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Assignment 1

 In the prior two accounting courses we studied financial accounting. Now, we are studying Managerial Accounting.

  • Using the text information, but in your own words, describe managerial accounting.
  • Describe the differences from financial accounting and how each is used.
  • What types of reports does each produce, for whom and how often?

 Support your answers with examples and research and cite your sources using the APA format. 

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