Critical Thinking questions Essay Example | Topics and Well Written Essays - 750 words

lively Thinking questions - Essay ExampleFinancial write up and managerial accounting basically have the uniform function but their end results argon different. The main difference between the two is that financial accounting is conducted and processed so that information can be made available to third parties that are external the organization. These reports are basically created over a half yearly or annual period and they are reviewed as per the fiscal year. Managerial accounting is more centered towards decisions that have to be made inside an organization. The data and information procured during this process is used by the managers of a business or company. The reports that are created beneath managerial accounting are for a shorter period of time for example a week, a calendar month or even everyday. Financial reports are used by people who may want to induce in the firm or sell the stocks or shares, where as managerial reports are needed for the restrained running of the firm.Financial endangerment and financial return can be called siblings in a sense. When an investor is position capital or money into stocks, bonds or generally putting money into a firm he is taking a considerable risk because there is always a chance that he may lose the money that he has invested. Financial return on the other hand is the profit that the similar investor would get from his investment. The amount or significance of the return is dependent on the risk i.e. the lower the risk taken, the lower the return will be and the higher the risk taken the higher the return would be. at that place is always a potential for higher returns based on the risk being a victor or failure, if it results in a failure then there will be no returns.The U.S. health care system is made complex by the different types of networks that are created around providers, payers and patients. Pharmacists may stage an important role however, this role is interlinked with many other profess ionals. Pharmacists are intertwined into a web of