Answer:
Financial Accounting would provide stockholders or creditors with information about the overall financial performance of a firm, while Managerial Accounting would provide information needed by a firm’s vice president of marketing who wants to view changes in the marketing budget for a new product.
Explanation:
In the accounting world, we may find different branches each one of them specialized in providing with certain precise information and analysis according to what an organization is looking for. Financial Accounting studies the organization's financial transactions. With the help of standardized guidelines, those transactions are summarized, recorded, and presented in a statement or report. Thanks to that information, Managerial Accounting can interpret the financial data to the heads of the organization into future decisions they may be taking in order to react towards achieving the goals of the company.
The argument in which requires inferential leap is an
argument defined by Wayne Brockriede and when argument is required to tackle inferential
leap, this is one of the six characteristics used in an argument I which is
being dictated by Wayne Brockriede.
Interior design is a process that provides its customers with a set of aesthetically pleasing but efficient solutions for a better use of the space in question. The goal of interior design is to improve the user experience by better managing the space available in the intervened environment
