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2. Explain the term corporate Social responsibility. Why is it so important and to which stakeholders? 3. Explain activity-based accounting. 4. What is the current

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2. Explain the term corporate Social responsibility. Why is it so important and to which stakeholders? 3. Explain activity-based accounting. 4. What is the current approach of business today with managerial accounting? What are some of the changes (trends)? 5. Explain the differences between managerial accounting and financial accounting

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