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Assignments: A.1 -Explain the following in your own words. 1. How does management accounting differ from financial accounting? 2. How can management accountants help formulate

Assignments: A.1 -Explain the following in your own words.

1. How does management accounting differ from financial accounting?

2. How can management accountants help formulate strategy?

3. "Management accounting deals only with costs." Do you agree?

4. Describe the five-step decision-making process.

5. Distinguish planning decisions from control decisions

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