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Management Accounting

Question 7

Multiple Choice

Management accounting:


A) is a highly technical subject that people in personnel or engineering should not be expected to understand.
B) is performed by individuals who seldom work with people in other functional areas of the organization.
C) is the principal activity involved in determining the goals and objectives of the entity.
D) uses economic and financial information to plan and control many activities of the entity and to support the management decision-making process.

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