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1 August, 22:52

Is geared toward producing periodic financial statements that will be used by investors and creditors to make investment and lending decisions?

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  1. 1 August, 23:01
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    Financial accounting i s geared toward producing periodic financial statements that will be used by investors and creditors to make investment and lending decisions.

    Managerial accounting on the other hand provides managers with the accounting information they need to plan, direct, and control operations (reports focusing on the future that provide relevant information).
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