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Financial Accounting versus Cost Management Lily Shultz is a junior majoring in hotel and restaurant management. She wants to work for a large hotel chain
Financial Accounting versus Cost Management Lily Shultz is a junior majoring in hotel and restaurant management. She wants to work for a large hotel chain with the goal of eventually managing a hotel. She is considering the of taking a course in either financial accounting or cost management. Before choosing, she has asked you to provide her with some information about the advantages that each offers. Prepare a letter advising Lily about the differences and similarities between financial and cost management. Describe the advantages each might offer the manager of a
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