Unformatted text preview: The knowledge gained through managerial accounting helps managers make well informed decisions related to day-to-day business operations. With the help of financial accounting, companies share their financial standing with customers, stockholders, suppliers, creditors, and regulatory commissions. Accounting helps companies record daily transactions, prevent frauds, and identify their most profitable and weak assets and products....
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This note was uploaded on 01/24/2012 for the course ACC 220 ACC 220 taught by Professor Black during the Spring '11 term at University of Phoenix.
- Spring '11