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Management Reporting Is Often Called Discretionary Reporting Because,unlike Financial Reporting,it

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Management reporting is often called discretionary reporting because,unlike financial reporting,it is not mandated.


Definitions:

Managers

Those individuals in organizations who make decisions about the use of resources and who are concerned with planning, organizing, staffing, directing, and controlling the organization's activities to reach its objectives.

Product-Development Teams

A specific type of project team formed to devise, design, and implement a new product.

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