Assume your roommate is a management major and must take this managerial accounting course next semester.You have explained some of the things you have learned thus far, but your roommate states, "I don't know why I would need to know anything about managerial accounting! I am not an accounting major and will NEVER be preparing any managerial accounting reports.As long as I make a profit for the company for which I will work, who cares what the accountants' reports say?" How would you respond?
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