What other considerations regarding how Management Accounting supports decision-making are important and why? What is the ideal for supporting decision-making with Management Accounting information? Does the ideal change based upon the nature, type, or characteristics of the organization in which it is applied? Why or why not? What other factors must be present for Management Accounting to be successful in supporting decision-making in an organization? How should a firm evaluate and potentially improve its support of decision-making?

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The role of management accounting in supporting decisionmaking is important because it helps managers to understand the actions of the business unit and where the costs are coming from the impacts on ... View the full answer