D196- Principles of Financial and Managerial Accounting Questions and Answers Graded A

D196- Principles of Financial and Managerial Accounting Questions and Answers Graded A bookkeeping - Answer ️️ -day to day keeping of transcations steps of decision making - Answer ️️ -identify issue gather information identify alternatives select option that most likely results in desired objective accounting - Answer ️️ -analysis of events record and report financial effects of business activities where does capital come from (3) - Answer ️️ -investors creditors(lenders) business itself (from earnings retained) 2 main types of accounting - Answer ️️ -financial and managerial managerial accounting - Answer ️️ -gather and analysis of information for internal use and decision making. financial accounting - Answer ️️ -gather, report, analysis of information for external users- investors and creditors. summary of a business what does managerial accounting review - Answer ️️ -product cost, breakeven analysis, budgeting, performance analysis, outsource production what does financial accounting review - Answer ️️ -credit analysis, financial health, estimate value of the company examples of external financial reports for financial accounting - Answer ️️ -annual report, financial statement, balance sheet, income statement, statement of cash flow balance sheet - Answer ️️ -reports assets and liabilities. basic. list as of a point in time. as of today, as of yesterday income statement - Answer ️️ -how much did you ,ake