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Andrew Ghez is the new chief financial officer ( CFO ) for Millcreek Company. Andrew has a long career as a financial accountant. In his

Andrew Ghez is the new chief financial officer (CFO) for Millcreek Company. Andrew has a long career as a financial accountant. In his new role as CFO, he will be supervising the work of both the financial accounting staff and the managerial accounting staff. Andrew knows that managerial accounting is supposed to serve as a competitive tool for the company. How can Andrew focus his efforts so that managerial accounting will be a competitive tool?Andrew Ghez is the new chief financial officer (CFO) for Millcreek Company. Andrew has a long career as a financial accountant. In his new role as CFO, he will be supervising the work of both the financial accounting staff and the managerial accounting staff. Andrew knows that managerial accounting is supposed to serve as a competitive tool for the company. How can Andrew focus his efforts so that managerial accounting will be a competitive tool?

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