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Question 3 ( Mandatory ) ( 1 point ) Maurizio won a lottery and he would like to open a hoodie store. He will need
Question Mandatory point
Maurizio won a lottery and he would like to open a hoodie store. He will need to know the number of hoodies he needs to sell and at what price. The price needs to return him at least on the sales price. Cost of the hoodie, advertising costs and other costs will also need to be estimated.
With the use of accounting information, and being a manager, select the managerial accounting objective that is applicable to this scenario.
Question options:
a
Decision making
b
All of the above.
c
Planning
d
Controlling
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