Question: QUESTION 9) Managerial accounting is an important tool for managers in their decision making process. However, is it enough to rely on solely quantitative information,

 QUESTION 9) Managerial accounting is an important tool for managers in

QUESTION 9) Managerial accounting is an important tool for managers in their decision making process. However, is it enough to rely on solely quantitative information, or are there other information/factors that must be taken into consideration in decision making process? Briefly explain by giving specific examples (if you want, you can give real life examples). QUESTION 10) What is the importance of budgeting for business entities? What shall the business entities do in order to use budgetseffectivelv from the managerial accounting viewnoint

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