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How decisions are improved when the information is used

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Problem 1: Describe one or two examples of decisions that could be made using the information provided by financial accounting. Provide specific examples and explain how decisions are improved when the information is used accurately. Then, explain the risks of not having the information when making such decisions.

Problem 2: Describe one or two examples of decisions that could be made using the information provided by managerial accounting. What are some specific examples and explain how decisions are improved when the information is used accurately. Explain the risks of not having the information when making such decisions.

Reference no: EM132984946

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