Economists often remark that accounting data are purely historical and at an aggregate level and do not provide information on incremental changes.So why is it the key data source for decision control and important in decision management?

Question

Quizplus · Accepted Answer

The Answer of Economists often remark that accounting data are purely historical and at an aggregate level and do not provide information on incremental changes.So why is it the key data source for decision control and important in decision management?

Economists Often Remark That Accounting Data Are Purely Historical and at an Aggregate