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Which of the following statement is true in reference to Financial & Management Accounting?
Please choose the correct answer.
Response:
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management accounting reflects the profitability of the business.
B. Financial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government& tax authorities.
C. Management accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization.
D. Financial accounting is standard as per legal requirement whereas management accounting is flexible& as per the requirement of the management.
Answer: D
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An application developer needs to create a business process template that allows a user to modify individual task instructions for new process instances without having to uninstall the process template. How should the task instructions be stored?
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C. in process parameters
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C. local service
D. global maintenance
E. local power
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