Learning engagement

Beverly Moore is struggling to pass her introductory accounting course. Beverly is intelligent but she like to party. Studying is a low priority of Beverly.

When one of her friends tells her that she is going to have trouble in business if she doesn’t learn accounting, Beverly responds that she doesn’t plan to go

into business. She says that she is arts oriented and plans someday to be a director of a museum. She is in the school of business to develop her social

skills, not her quantitative skills. Beverly says she won’t have to worry about accounting, since museums are not intended to make a profit.

Write a brief memo explaining whether you agree or disagree with Beverly’s position. Include the difference between financial accounting and managerial

accounting. Identify some of the stake holders of a not-for-profit institution that would expect to receive financial accounting reports and which ones would

expect to receive a managerial accounting report.

300 word

Sample Solution

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