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i) Briefly explain the reasons why the process of reporting to external users is subjected to more rules and regulations compared to the process of
i) Briefly explain the reasons why the process of reporting to external users is subjected to more rules and regulations compared to the process of reporting to internal users.
(5 marks)
ii) Briefly discuss the need for management accounting for internal users and why certain management accounting information is kept confidential from
external users.
(5 marks)
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