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The table schema STUDENT is replaced by the following two tables' schemas:
Managerial Accounting Information
Financial data and reports that are used by a company's management team to make informed operational and strategic decisions.
Reporting Standard
Guidelines and rules that organizations follow to maintain uniformity and transparency in financial reporting.
Relevance
The quality of information that indicates the information makes a difference in a decision.
Financial Statements
Documents presenting the financial activities and condition of a business, including statements like profit and loss accounts, and balance sheets.
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