FUND ACCOUNTING PRINCIPLES BUNDLE
FUND ACCOUNTING PRINCIPLES BUNDLE
25th Edition
ISBN: 9781265380311
Author: Wild
Publisher: MCG
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Chapter 25, Problem 11DQ
To determine

Concept Introduction:

Managerial Decision:

Decision making plays an important role in the management. The decisions taken by managers are called managerial decisions. Managerial Decisions are decisions taken by managers for the operations of a firm. These decisions include setting target growth rates, hiring or firing employees, and deciding what products to sell. Manager's decisions are taken on the basis of quantitative as well as the qualitative measures. The managerial decision includes the decisions like make or buy, accept or reject new offers, sell or further process etc. These decisions are taken on the basis of relevant costs.

To Indicate:

The difference between Price setter and Price taker

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FUND ACCOUNTING PRINCIPLES BUNDLE

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