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Explain the role of managerial accounting and its importance to an organization of your choice, and what is means to adhere by the generally accepted

Explain the role of managerial accounting and its importance to an organization of your choice, and what is means to adhere by the generally accepted accounting principles (GAAP) for organizations. In your explanation ensure to provide a focus on who key decision makers are within this area. Please respond in 2 or more paragraphs.

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