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The managerial accountant uses the results of financial operations to plan, control, and provide decision-making opportunities for senior management.
- Describe each of these roles individually, using examples to illustrate what ‘planning’, control, and decision-making mean.
- When is it appropriate for a managerial accountant to use predications or estimates in their role? Provide examples.
Work will be a minimum of 300 words or 3 paragraphs and should include insights and concepts from the week’s reading. While you may be asked to provide an opinion, your position must be supported by evidence. work will have at least 2 references (textbook and another independent source). Also, cite your sources (APA 7.0 ed).
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