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Hi Tutors, May i know your thoughts about the following questions below? 1. Why is cost estimation an important function in managerial accounting? 2. Explain

Hi Tutors,

May i know your thoughts about the following questions below?

1. Why is cost estimation an important function in managerial accounting?

2. Explain briefly Cost-Volume-Profit (CVP) Analysis.

3. What is Activity Base Cost Management? 4. What is responsibility accounting?

Thank you

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