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In the context of limited partnerships, which of the following is an aspect that differentiates limited partners from general partners?
Managerial Accounting Report
A document that provides detailed financial information intended to help managers in decision-making processes.
Operating Costs
Expenses associated with running a business's core activities, excluding the cost of goods sold.
Planning
A phase of the management process whereby objectives are outlined and courses of action determined.
Managerial Accounting
The process of identifying, measuring, analyzing, and communicating financial information to managers for the purpose of achieving organizational goals.
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