The manager of a newly established department store asked the accountant to make recommendations regarding reports which

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The manager of a newly established department store asked the accountant to make recommendations regarding reports which should be produced for management use. The accountant was adamant that a statement of financial performance that disclosed departmental contributions was far superior to the fully departmentalised one which disclosed departmental profits. Do you agree with the accountant? What advice would you give to the manager? Explain.

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Accounting

ISBN: 9780730382737

11th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie

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