What is managerial economics?, and what is Accounting?
Answer (1)
21st Nov, 2020
Hello Aspirant,
Managerial Economics is the branch of study that teaches us about the inter-relation between management and economic activities or it is a discipline that combine economic theory with managerial practice.
Accounting is the process which consists of summarizing, analyzing and reporting the transactions to oversight agencies, regulators and tax collection entities or if we talk about it in short it is the process of recording financial transactions pertaining to a business.
I hope this information helps you.
Good Luck!!
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