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Management accountants help the management of an organization in their planning function through ________.A. monitoring anti-theft systemsB. strategic planningC. evaluating costsD. analyzing profits

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Management accountants help the management of an organization in their planning function through ________.
A. monitoring anti-theft systems
B. strategic planning
C. evaluating costs
D. analyzing profits

Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.

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