Managerial and Financial Accounting

  
Please make it in APA format with reference

The Manager and Managerial      Accounting: Chapter      1                                                                   
Managerial Accounting and Cost      Concepts: Chapter 2
Write      50 points on this topic from chapter 1&2                                                  

http://lectures.mhhe.com/narrated_slides/007802563x/index.html
Below Point helpful to elaborate into 50 points
Describe the differences between financial accounting from management accounting.
2. Describe how management accountants affect strategic decisions.
3. Describe the set of business functions in the value chain and identify the dimensions of performance that customers are expecting of companies.
4. Explain the five-step decision-making process and its role in management accounting.
5. Distinguish between direct costs and indirect costs.
6. Explain variable costs and fixed costs.
7. Explain why product costs are computed in different ways for different purposes.
8. Describe a framework for cost accounting and cost management.