managerial v financial

0.0(0)
Studied by 2 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/13

flashcard set

Earn XP

Description and Tags

Computer Science

Last updated 7:31 AM on 9/19/22
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No analytics yet

Send a link to your students to track their progress

14 Terms

1
New cards
Users and decision makers MANAGERIAL
Internal Managers, CFO's, Accountants who plan for and control an organization
2
New cards
Users and decision makers FINANCIAL
External persons who make financial decisions
3
New cards
Purpose of information MANAGERIAL
Planning and evaluation
4
New cards
Purpose of information FiNANCIAL
Investments
5
New cards
Flexibility of practice MANAGERIAL
Flexible, can change data using info to make decisions
6
New cards
Flexibility of practice FINANCIAL
GAAP , follows rules for a publicly traded company
7
New cards
Timeliness of information MANAGERIAL
Present Information (planning and looking for current and future decisions)
8
New cards
Timeliness of information FINANCIAL
PAst info --> useful to know what happened, not repeat mistakes
9
New cards
Time dimension MANAGERIAL
Predict future
10
New cards
Time dimension FINANCIAL
Past and present
11
New cards
Focus of information MANAGERIAL
Segments, region, division, product line
12
New cards
Focus of information FINANCIAL
Company-wide
13
New cards
Nature of information FINANCIAL
Financial
14
New cards
Nature of information MANAGERIAL
Financial and non financial