Managerial Accounting Information Is Not Just for Accountants

question 13

Essay

Managerial accounting information is not just for accountants.All areas within an organization can use the information to support decision-making.For each of the following positions, list three decisions the manager might have to make and give an example of a report that would help the manager in the decision-making process.
a.Plant manager
b.Vice-President of sales
c.Inventory supervisor

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Definitions:

Sporophyte

The diploid, spore-producing phase of a plant that alternates with the haploid gametophyte in the life cycle.

Angiosperms

Flowering plants that produce seeds enclosed within a fruit, representing the most diverse group of plants on Earth.

Gymnosperms

are a group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, characterized by not having flowers or fruit.

Wind Pollination

A method of pollination where pollen is distributed by the wind to fertilize plants.