Question
a.
Financial accounting focuses on risk analysis, while financial management focuses on risk and return analysis.
b.
Financial accounting focuses on keeping records, while financial management focuses on financial statements analysis, risk and return analysis, business proposal, and capital budgeting.
c.
Financial accounting focuses on capital budgeting, while financial management focuses on risk management.
d.
Financial accounting focuses on financial statements analysis, while financial management focuses on internal control.
Posted under IC 89 Management Accounting
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Q. How does financial accounting differ from financial management in terms of focus?
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