The distinction between precision and relevance should be kept in mind. Explain.

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“The distinction between precision and relevance should be kept in mind.” Explain.

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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Question Posted: Nov 19, 2014 05:59 AM

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The distinction between precision and relevance should be kept in mind. Explain.

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Precision is a measure of the accuracy of certain data It is a quantifia...View the full answer

Introduction to Management Accounting

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