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

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Definitions:

Tax Cuts and Jobs Act

A comprehensive overhaul of the United States tax code passed in 2017, aimed at reducing tax rates for individuals and corporations while eliminating various deductions and credits.

Financial Choice Act

U.S. legislation proposed to roll back regulations set in place by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Global Food Security Act

United States legislation aimed at promoting global food security, resilience, and nutrition through various programs and initiatives.

Edward Kennedy Serve America Act

A 2009 U.S. law aimed at expanding national service programs to address critical societal issues through volunteerism and service.