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Why is management accounting useful

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Reference no: EM132992759

Problem 1: Think about the main differences between financial accounting and management accounting. According to your perspective and knowledge, who do you think are the main users of management accounting: internal stakeholders or external stakeholders? Could you please provide an example of a major application/use of the management accounting information system of a firm coming from the textbook, your working experience, or other sources. In other words: Why is management accounting useful? What kind of decisions does it support?

Reference no: EM132992759

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