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Managerial Accounting Information Is Not Just for Accountants

question 12

Essay

Managerial accounting information is not just for accountants.All areas within an organization can use the information to support decision making.For 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.Human resources manager
b.Purchasing manager
c.Engineering department


Definitions:

Feature Detectors

Neurons in the brain that are specialized to respond to specific features of a stimulus, such as angles, edges, or movement.

Top-Down Processing

A method of information processing that uses general context or previous knowledge to understand specific data.

Horizontal Line

A straight line that runs left to right across a plane or surface, parallel to the horizon.

Vertical Lines

Straight lines that run up and down without any slant.

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