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What is Differences Between Accounting and Finance about?
1) Financial managers must understand economics and how the economy works in order to make good financial decisions for their companies. This includes understanding how different economic activities and policies can impact levels of costs and benefits. 2) Financial managers need to comprehend concepts like marginal costs and marginal benefits to analyze how changes will affect profits. This helps them determine the optimal level of production. 3) The financial performance and decisions of companies are i
- Author
- jannat
- Language
- EN