Calypso Cal (CC), which manufactures surfboards, has a Live today, worry about tomorrow later motto. In keeping

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Calypso Cal (CC), which manufactures surfboards, has a “Live today, worry about tomorrow later” motto. In keeping with this philosophy, CC has not set any long-term or short-term objectives or budgets for the company. Describe three potential consequences of CC’s philosophy.

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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