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August 8, 2022

What is the role of accounting for managers?

Accounting For Managers to Make Accurate Financial Decisions

To make accurate financial decisions, managers must be able to understand and use accounting information. Accounting for managers is the process of recording, classifying, and summarizing financial transactions to provide useful information for business decisions. Managers need to be able to read financial statements and other reports to assess a company’s financial health and performance.

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