Managerial Accounting is different from Financial Accounting in that <em>c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.</em>
The differences between Managerial Accounting and Financial Accounting do not arise because of Managerial accounting:
- Focuses on the organization while financial accounting focuses on projects, etc.
- Never includes non-monetary information; it includes non-monetary information than financial accounting
- Used by investors, while financial accounting is used by creditors
- Structured and controlled by GAAP.
Thus, the difference between the two is that Financial accounting is structured and controlled by GAAP and used by <em>investors and creditors</em>. Managerial accounting is not structured by GAAP and is used by <em>management</em> in decision-making.
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Answer:
True
Explanation:
Money Market Deposit Accounts (MMDA) are a type of checking accounts with some investment’s characteristics. They have higher interest rates than regular passbook savings accounts and offer a few types of check writing and debit card transactions, with restriction (will depend on the bank or credit union rules). In that way, they can be seen as an investment account, has it has interest rates benefits over regular accounts and also as a checking account due to debit card and check writing uses.
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Darian D.
B.) saw it @ chgo.science n tech. in the year 2000
Answer:
b. whether a risk is fundamental or particular may determine how society will deal with it.
Explanation:
The fundamental risk is the risk that impacts the larger number of people or we can say the population
While the particular risk is the risk that contains the losses of personal with respect to the origin and their effects. Here it impacts an individual or smaller number of people
So the distinction between both risk could be figured out by seeing how society would deal with it
Hence, the correct option is b.