Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following chart
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Primary Information Source Managerial Financial . Determine amount of dividends to pay stockholders 2. Evaluate a purchasing department's performance 3. Report financial performance to board of directors. 4. Estimate product cost for a new line of shoes.. 5. Plan the budget for next quarter 6. Measure profitability of all individual stores.w 7. Prepare financial reports according to GAAP . 8. Determine location and size for a new plant
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Primary Information Source Business Decision Managerial Financial 1 Determine amount of divide...View the full answer
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