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Management uses accounting information to reflect on the performance of a business to help make better decisions in the future. Investors use financial information to
Management uses accounting information to reflect on the performance of a business to help make better decisions in the future. Investors use financial information to make informed decisions about the economic transactions of an organization.
- For you, what are some reasons why managers should have a general understanding of accounting?
Read through your peers' posts, and when you respond to them, consider the following:
- You can provide some additional ways that managers can use the accounting information of an organization.
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