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The business world never sleeps. Regulations are constantly changing, global competition is increasing, and technology is causing constant disruption. Due to changes in the corporate

The business world never sleeps. Regulations are constantly changing, global competition is increasing, and technology is causing constant disruption. Due to changes in the corporate environment, management accounting is continually changing. The constantly changing business environment demands newer and better types of information to be provided to management to enable decisions and responses to be taken quickly and appropriately.

Explain the impact of information technology, globalization, and growth of service industries on management accounting practices.

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