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Define Ethics.

Define Ethics. Using your own understanding (from research and textbooks) of what the word means…Do not just cut and paste a dictionary definition. Describe how ethics will play a part of your future career as a professional and manager. Find a recent news article...

Why are externally presented reports required to be prepared according to generally accepted accounting principles while internally presented managerial accounting reports are not?

After examining various financial statements that are prepared for use by internal and external stakeholders.  Why are externally presented reports required to be prepared according to generally accepted accounting principles while internally presented managerial...