Managerial Accounting Information Is Not Just for Accountants

question 150

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
Unit 1-1 -

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Definitions:

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.

Interchange

The act of reciprocally exchanging ideas, goods, or services between parties.

Epigenetic View

A perspective in biology and psychology that emphasizes the role of genes and their interaction with the environment in determining individual characteristics and behaviors.

Prenatal Development

The process of growth and development within the womb from conception to birth, during which the fetus undergoes various stages of physical and physiological development.