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A regional sales manager noticed a drop in sales over the previous month. The manager meets with the managerial accounting team and based on their
A regional sales manager noticed a drop in sales over the previous month. The manager meets with the managerial accounting team and based on their analysis of the data, the manager makes adjustments in several stores. The following month, regional sales are again meeting expectations. This is an example of how managerial accounting helps managers
fulfill their responsibility to control the company's activities.
fulfill their responsibility to plan the company's objectives.
ensure the company is in compliance with GAAP.
prepare the company's income statements and tax returns.
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