Accounting Question:

What is the relationship between cost accounting financial accounting and managerial accounting?

Answer:

Financial accounting relates to the information presented based on past events and records.

Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends.

Financial accounting relates to the information presented based on past events and records.

Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends.


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Other accounting interview questions to expect when you interview for an accountancy job include:What is the difference between cost accounting management accounting and financial accounting?