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Managerial Accounting
Essay specific features


Written by:
Julio M
Date added:
May 19, 2013
Level:
University
Grade:
A
No of pages / words:
12 / 3355
Was viewed:
5140 times
Rating of current essay:
Essay content:
Managers are responsible for making proper decisions to allow the company to be profitable. To ensure profitability and success, managers should utilize the functions of managerial accounting to assist in the decision making process.
Managerial accounting is the process of identifying, measuring, analyzing and
communicating financial information needed by management to plan, evaluate and control an organization’s operations (“Statements”)...
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It’s the manager’s responsibility to the owner to ensure that the company is successful. Through managerial accounting, managers are provided information for internal planning and control to assist in leading the company. Good managerial accounting is vital to understanding the profitability of day to day activities and in predicting profitability in the future...
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