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What is the answer? Telefax: (082) 272-4080 2. Management accounting information a. Uses historical cost as the basis for reports to managers who are making

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Telefax: (082) 272-4080 2. Management accounting information a. Uses historical cost as the basis for reports to managers who are making decisions about future courses of action. b. Should be developed and provided only if its benefits exceed its costs. c. Does not reflect the financial criteria of verifiability or consistency. d. Should serve the basic needs of investors and creditors

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