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Lecture Notes for Managerial Accounting: Creating Value in a Dynamic Business Environment, 12th Edition

Save time and improve comprehension with Lecture Notes for Managerial Accounting: Creating Value in a Dynamic Business Environment, 12th Edition, designed for quick reference and effective learning.

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Chapter01-TheCrucialRole of ManagerialAccounting in a Dynamic Business EnvironmentManagerial Accounting, 12/e1-1CHAPTER 1THE CRUCIALROLE OF MANAGERIALACCOUNTING IN A DYNAMIC BUSINESS ENVIRONMENTLearning Objectives1-1.Define managerial accounting and describe its role in the management process.1-2.Explain fourfundamental management processes that help organizations attaintheir goals.1-3.List and describe five objectives of managerial accounting activity.1-4.Explain the major differences between managerial and financial accounting.1-5.Describe the accounting and finance structure in an organization.1-6.Describe the roles of an organization's chief financial officer (CFO) or controller,treasurer,and internal auditor.1-7.Understand and explain the value chain concept.1-8.Explain how investments in capacity affect managerial decision making.1-9.Understand and explain big data and data analytics and how they interact withmanagerial accounting.1-10.Discuss the professional organizations and certifications in the field ofmanagerial accounting.1-11.Describe the ethical responsibilities and ethical standards that apply tomanagerial accounting.

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Subject
Accounting
Textbook
Managerial Accounting: Creating Val...

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