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In order to resolve this need for duplicative internal work and to make financial reporting more timely, should generally accepted accounting principles be revised to
- In order to resolve this need for duplicative internal work and to make financial reporting more timely, should generally accepted accounting principles be revised to allow the fair value reporting that is needed in a managerial accounting environment rather than only allowing historical cost? Why or why not?
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
8th Edition
9781439044612, 1439044619, 978-1111626822
