Answer:
The complete answers are below.
Explanation:
a) The main difference between Financial Accounting and Managerail Accounting is its purposes and the stakeholders who make use of the information that each one provides.
While financial accounting refers to the aggregation of accounting information in the financial statements, management accounting refers to the internal processes used to account for business transactions.
For instance: Financial accounting reports on the results of an entire business, Managerial accounting reports at a more detailed level. Financial accounting must comply with various accounting standards, whereas managerial accounting does not have to comply with any standards when information is compiled for internal consumption.
b) The financial statements most frequently provide are: Balance Sheet or Financial Position, Income Statement, Statement of cash flows and Statement of Changes in Equity.
c) In general, financial reports and financial statements differ in the formal status of financial statements in business and accounting, and these respond to standards such as GAAP and IFRS. While the financial reports have a format or presentation rules given by management, the financial statements, in the other hand, are prepared on regular basis as specific entities are required to do so according to applicable laws. It can be said that financial accounting provides financial statements and managerial accounting is responsible for financial reports.
If in the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level of jobs; The best way to demonstrate this is:<u> B. finishing projects.</u>
<h3>What is skills?</h3>
Skills can be defined as the abilities a person possess that enables them to finish or complete a task. A person with skills can tend to do well on a job based on the fact that they will have to make use of their skills by ensuring that the assign task are done perfectly.
Finishing project is the best way to demonstrate that he has the required skills that is needed for him to move to the next level of the job based on the fact finishing a project successfully takes proper or adequate planning and actions.
Therefore the best way to demonstrate this is:<u> B. finishing projects.</u>
Learn more about skills here:brainly.com/question/1233807
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The text alignment is called justified
The wage will create surplus of workers since it is above the equilibrium wage.
The appraisal process is a procedure of which a higher authority or someone authorized to assess the abilities and the performance of the employees. In the choices above, it begins in letter a, when the manager defines performances standards for employees because this is considered to be an orientation for the employees of which they should apply before the assessing starts. Once they have ingested the performances standards, the assessing begins, or the so called appraisal process.
