Use the Library, the Internet, and your readings for the unit to research the discussion topics below.
Define managerial accounting; how is it different from financial accounting? How is managerial accounting similar to financial accounting?
Describe three examples of managerial accounting reports.
For each of the following managerial accounting techniques, provide an example of a business situation that would benefit from the use of the technique:
Break-even analysis
Budgeting
Balanced scorecard
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