(Answered) Question answer the following questions1 distinguish

Accounting

Question: Answer the following questions:

1. Distinguish between financial accounting and managerial accounting as to user groups and time horizons.

2. Why should the chief accountant of an organization have a clear understanding of both financial and managerial account?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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