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True or False True False 1. The goal of management accounting is to provide accurate financial records for external reporting. 2. Operational planning converts a

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True or False

True False 1. The goal of management accounting is to provide accurate financial records for external reporting. 2. Operational planning converts a strategic plan into short-term action steps. 3. Controlling activities compare actual annual results to planned annual results for the purpose of awarding managers' bonuses

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