Managerial Accounting Information Is Not Just for Accountants

question 130

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.Plant manager
b.Vice-President of sales
c.Inventory supervisor

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Definitions:

Learning Process

A systematic series of actions or steps undertaken to acquire knowledge, understanding, or skills through study, experience, or teaching.

Leadership Development

The process of enhancing an individual's abilities, skills, and confidence to effectively lead others.

Sponsored by Senior Leaders

Initiatives or programs that receive backing and support from executives or high-ranking officials within an organization.