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Managerial and Financial Accounting Report
Essay specific features


Written by:
Charles W
Date added:
October 27, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 1041
Was viewed:
6910 times
Rating of current essay:
Essay content:
Accountants have traditionally concentrated on recording what has happened financially in the past; however, in managerial accounting, accountants are increasingly involved in helping to formulate policy for business organizations, providing information for decision-makers and frameworks for making those decisions...
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Managerial accountants use financial accounts in the process of decision0making within a business organization. Examples of this process would include determining which business activities were least profitable and then making a decision about whether or not to continue with these business activities, or estimating future revenues in order to aid decision-making today...
displayed 300 characters
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