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Cynical Cinema
on Nov 13, 2024

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Managerial accounting information includes both historical and estimated data.

Managerial Accounting Information

Financial data and reports designed to meet the specific needs of a company's management for decision making.

Historical Data

Past information and data sets used for reference, trends analysis, or to inform decision-making and forecasting.

Estimated Data

Data that has been predicted or approximated based on available information, often used for planning and forecasting purposes.

  • Comprehend the essence and objectives of managerial accounting.
  • Acknowledge the relevance of managerial accounting reports to internal stakeholders.
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Scottie MetrejeanNov 15, 2024
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