How a company performed during a specific period of time


Problem

Financial accounting focuses on reporting how a company performed during a specific period of time. Managerial accounting focuses more on the future how managers need to plan and control for improved results.

• Which of these do you think that you will utilize in your personal or professional life?Why?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: How a company performed during a specific period of time
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