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Name. Q1 Answer each of the following questions, each question carries one mark: 1 - Do you agree that Financial Accounting information must be audited,

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Name. Q1 Answer each of the following questions, each question carries one mark: 1 - Do you agree that Financial Accounting information must be audited, while Managerial Accounting information can be available to the decision makers without audit? Explain with examples. 2- Explain the meaning of Attention Directing function that is performed by the accountant. Support your answer with at least two examples. 3-Marketing is one of the value chain activities. Explain the meaning of this activity with examples. What is the accountant role in this function? 4- Distinguish among the step and mixed costs. Support your answer with examples. [4 Marks] 02

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