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Managerial accounting is concerned with the identification, measurement, analysis, and interpretation of accounting information so that it can be used to help managers make informed

Managerial accounting is concerned with the identification, measurement, analysis, and interpretation of accounting information so that it can be used to help managers make informed operational decisions across every industry. However, there are individuals who are under the impression that managerial accounting provides services mainly for manufacturing organizations. Are they correct? Explain.

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