Both financial and managerial accounting rely on accepted principles that are enforced through an extensive set of rules and guidelines. True False

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asked Jun 24, 2023 37.2k views

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KatyB · Answer 1 · 2023-06-29T01:12:57+0000

Answer:

false

Step-by-step explanation:Only financial accounting has extensive set of rules and guidelines that is issued by external bodies and which organisation are bound to follow.

Both financial and managerial accounting rely on accepted principles that are enforced through an extensive set of rules and guidelines. True False

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