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Describe the business functions in the value chain A. Identify the problem and uncertainties. Obtain information Make predictions about the future. Make decisions by choosing
Describe the business functions in the value chain A. Identify the problem and uncertainties. Obtain information Make predictions about the future. Make decisions by choosing among alteratives, and implement the decision OB. Manufacturing Packaging, and Distribution OC. Research and development, Make decisions by choosing among alternatives Production, Distribution and Customer service OD. Research and development: Design of products, services or processes, Production: Marketing Distribution and Customer service "Management accounting deals only with costs." Do you agree? O A. This statement is wrong. Management accountants also deal with the day-to-day workings of the accounting office. B. This statement is correct. Management accountants deal only with the costs. OC. This statement is wrong. Management accountants also measure analyze and report primarily financial information to external parties who own the corporate assets, such as investors, government agencies, and banks OD. This statement is wrong. Management accountants also analyze revenues from products, services, and customers relative to their costs to assess the relative profitability of types of products, services and customers. Management accountants also examine the business environment and report relevant information on the intensity of competition
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