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AN APPRAISAL OF THE NATURE AND SIGNIFICANCE OF MANAGEMENT ACCOUNTING

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY Management accounting is the development of information for insiders such as company managers. Managers use this information to measure the progress toward their goals and highlight any potential problems in advance. For example, managers want to know which products have the best sales and which are selling poorly. Which products tend to sell together? How is inventory being managed? What about ...

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