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[LO 1-1] 1-24 The IMA definaticn of management accounting states that a management accounting is the process of gathering, reporting, and analyzing infommation for management

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[LO 1-1] 1-24 The IMA definaticn of management accounting states that a management accounting is the process of gathering, reporting, and analyzing infommation for management decision making b management accounting is a profession that involves preparation and analysis of cost infomation, budgeting, and performance mearurement and analysis to assist managers in decasion making e management accounting involves partnering in management decision making, planning, and performance measurement to assist in the formulation and implementation of an organization's strategy d management accounting is a set of practices in which accountants, working within companies, help managrs to make better decisions based on accurate financial information [LO 1-1 1-25 Which of the following is the corect sequnce in which cost management information is developed and ed a Business events, data, information, analysis, decisions b. Business events, data, analysis, information, decisions e Business events, information, analysis, knowledge, decisions d. Business events, data, information, knowledge, decisioes For the following multiple choice questions, 1-26 through 1-35, select the best available anser

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