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The Growth of Quantitative Decision Techniques That Use Computers Has

question 55

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The growth of quantitative decision techniques that use computers has reduced the use of the classical approach.


Definitions:

Management Accounting Responses

The actions or strategies that management accounting suggests or implements in response to financial analyses or business challenges.

E-Commerce

The exchange of goods and services, or the transfer of money or information, across an electronic network, mainly the internet.

Management Accountant

A professional responsible for analyzing financial information to guide business strategy, planning, and decision-making.

Environmental Assurance

Commitments or policies aimed at minimizing the environmental impact of a company's operations, often part of corporate social responsibility efforts.

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