(Answered) Questions -1 compare managerial and financial accounting

Accounting

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1. Compare Managerial and financial accounting. Using vocabulary from the text make at least 3 comparisons between the two areas.

2. Compare job costing to process costing. In your comparisons include information on the type of businesses that would use each of the costing systems.

3. What is a CVP analysis? Describe a basic CVP analysis and provide an example using your own numbers. Please do not copy a problem from your text.

4. What is budgeting? Why is it important? Describe one type of budget and how it would be utilized in a business.

5. What topic in this course did you find most useful to you? Which topic would you have liked to have studied in more detail?

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