Question: Review the five steps in the decision - making framework presented in the chapter. Complete Steps 1 - 3 to clearly evaluate the decision at
Review the five steps in the decisionmaking framework presented in the chapter. Complete Steps to clearly evaluate the decision at hand. What role does a cost accountant play during these first three steps of the decisionmaking process?
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Cost accountants analyze the benefits of decisions and determine potential risks that come with those decisions. So they play a major role in the first three steps in the DECISION making process.
Step : Identify the decision
Step : Gather information
Step : Identify alternitives
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Complete Step to select the option that maximizes the benefit to the company while staying true to the company's values.
Explain your rationale.
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