Why is it common practice not to distinguish between managerial and economic performance?
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Why is it common practice not to distinguish between managerial and economic performance?
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A performance measurement control system is designed to help organizations improve performance issues Every process of a business operations is studied through this system to improve the performance When all activities have improved performance the organizations profitability should increaseManagerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making wellinformed business decisions Managerial Provides information and analysis to managers inside the organization ...View the full answer
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