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Written Assignment.

Describe the role of managerial accounting in contemporary business. Provide one specific, real-life example of how managerial accounting helps managers improve operational and financial performance. Also, describe the role of federal taxes, the state of the economy, and financial market outlook plays in short-term business decisions.

Describe the role of managerial accounting in contemporary business. Provide one specific, real-life example of how managerial accounting helps managers improve operational and financial performance. Also, describe the role of federal taxes, the state of the economy, and financial market outlook plays in short-term business decisions. Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least three external references. Note that your attached paper will automatically be submitted to Turnitin, and an Originality Report should be sent back to the classroom within around 15 minutes. The Originality report does not actually recommend changes. It does point out where you may need to add a citation or quotation marks (if not already cited). Once you use it a few times, you will appreciate this tool, as it will assist you in improving quality and content, as well as avoid plagiarism. Your goal is to keep direct quotations to a minimum and to make sure that you do not just cut and paste material. Ensure that all your references are cited. A report with a similarity index less than 1% is acceptable for undergraduate level work. valuated according to the Writing Assignment Grading Rubric shown below. To maximize your grade, be sure to use the proper organization (intro, body, conclusion) and follow APA style. Your paper should have a title page and reference page, but you do not need an abstract for this assignment. See the PowerPoint presentation attached for APA assistance. Guidelines Content (60%) Organization (20%) Writing Style, Grammar, APA Format (20%) Writing Assignment Grading Criteria Response demonstrates a clear understanding of the key elements of assignment questions. Response thoroughly covers the elements in a substantive manner. Response demonstrates critical thinking and analysis. Content is complete and accurate. Introduction and conclusion provide adequate information on the given topic. Paper structure is clear and easy to follow. Ideas flow in a logical sequence. Introduction provides a sound introduction to the topic and previews major points. Paragraph transitions are logical and support the flow of thought throughout the paper. The conclusion thoroughly reviews the major points. Sentences are well constructed, complete, clear, and concise. Words used are specific an unambiguous. The tone is appropriate to the content and assignment. Grammar, spelling, and punctuation are correct. APA guidelines (6th edition) are followed, such as headers, citations, references, etc. Effective use of aids such as sections, summaries, table of contents, indices, and appendices (