Distinguish between managerial and financial accounting addressing the following characteristics: users and types of information; level of aggregation; and time horizon and reporting frequency

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Differences between Financial and Managerial Accounting

Both financial and managerial accounting are critical or businesses but serve different purposes (Weygandt, Kimmel & Kieso, 2015). They are both used to review past performances and determine future operational plans in order to check for business functions.…

615 words APA