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Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following table the primary source of information for each business
Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following table the primary source of information for each business decision Business Decision Primary information Source 1. Determine whether to automate a production process 2. Determine whether to buy another company's stock 3. Report financial performance to board of directors 4. Report financial performance to investors 5. Determine whether to expand into a new market 6. Plan the budget for next quarter 7. Prepare a schedule of cost of goods manufactured 8. Measure profitability of an individual store Managerial Financial Prev 1 of 6 !!! Next >
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