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Student Name: ID#............ ............. Assignment (1) A student commented that management accounting is much more relevant and important to profit making organizations compared to

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Student Name: ID#............ ............. Assignment (1) A student commented that "management accounting is much more relevant and important to profit making organizations compared to non-profit ones (such as governmental institutions) as the existence of the latter is not related to profit making". How would you respond? Give some examples to support your point of view.

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