Horngren s financial and managerial (BUSINESS)

Solutions for horngren s financial and managerial accounting the financial chapters global edition Complete Last document update:   ago

. What is accounting? Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers. Accounting is the language of business. 2. Briefly describe the two major fields of accounting. Financial accounting provides information for external decision makers, such as outside investors, lenders, customers, and the federal government. Managerial accounting focuses on information for internal decision ...