Suppose the financial accounting & management accounting has same number of posting period, but in financial accounting four special periods have been setup but in management accounting two special periods have been setup. The posting in financial accounting are done for third & fourth special period then what will be the posting in management accounting? Please choose the correct answer. Response:

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C. The posting will be done in the Second special period in management accounting.

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A. The posting will be done in last management accounting posting period.

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B. The posting will be done in the first special period in management accounting.

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D. No posting will be done in management accounting.

Suppose the financial accounting & management accounting has same number of posting period, but in financial accounting four special periods have been setup but in management accounting two special…

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