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3. In decision making, manager's use: a) Financial accounting information exclusively since it is more objective and precise due to well-established principles and conventions. b)
3. In decision making, manager's use: a) Financial accounting information exclusively since it is more objective and precise due to well-established principles and conventions. b) Information regarding the organization as a whole rather than segments of the organization in order to capture a broader perspective of the company's operations. c) Information that is as precise as humanly possible. d) Whatever information is relevant to the decision even though the information may not conform to generally accepted accounting principles. 4. Responsibility accounting aims to: a) Ensure that a manager is punished if things go wrong b) Reduce the costs that a department incurs c) Allocate costs to all areas of a business d) Ensure that costs become the responsibility of a specific manager
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