Cyber Graphics is a departmentalized business. An interim statement of gross profit is prepared monthly. A departmental
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Cyber Graphics is a departmentalized business. An interim statement of gross profit is prepared monthly. A departmental statement of gross profit is prepared at the end of each fiscal year. The manager suggests that the accountant extend the statements of gross profit by including a division of all expenses by department. The accountant indicates that the time required to divide the expenses by department would not add say add significantly to the information available for decision making. Do you agree or disagree with the accountant? Why?
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