Two common areas of accounting

Asked by maham237 @ 03/01/2021 in Business viewed by 300 People

Two common areas of accounting that respectively provide information to internal and external users are a.financial accounting and tax accounting systems b.managerial accounting and financial accounting c.forensic accounting and financial accounting d.managerial accounting and environmental accounting

Answered by maham237 @ 03/01/2021

Answer:

The correct answer is b. managerial accounting and financial accounting

Explanation:

Administrative Accounting: It is the Information System at the service of the administration. Also called management accounting, with orientation to planning, control, and decision-making functions. It refers in general to the extension of internal reports, whose design and presentation is currently responsible for the company's accountant.

Financial Accounting: Financial Accounting is the technique with which quantitative information on economic entities is systematically produced, aimed at providing information to third parties related to the company.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2742 persons

Two common areas of accounting

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