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1-23 Planning and control decisions. (LO 3) SoftMoc is a shoe retailing company. The majority of its sales are made at its own stores. These
1-23 Planning and control decisions. (LO 3) SoftMoc is a shoe retailing company. The majority of its sales are made at its own stores. These stores are often located in shopping malls or in the downtown shopping districts of cities. A small but increasing percentage of sales are made via its internet shopping division.The following five reports were recently prepared by the management accounting group at SoftMoc: a. Annual financial statements included in the annual report sent to its shareholdersb. Weekly report to the vice-president of operations for each SoftMoc storeincludes revenue, gross margin, and operating costsc. Report to insurance company on losses SoftMoc suffered at its new Toronto store resulting from a stormd. Weekly report to a new
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