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Management Accountants Versus Users

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"Managerial accountants should understand the uses of accounting data, and users of data should understand accounting. Only in this way can accountants provide the appropriate accounting data for the correct uses." Do you agree with this statement? Why or why not?

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The solution discusses management accountants versus users.

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I disagree with this statement. Managerial accountants are, by definition, staff personnel. They are not in the production area of the business, so they cannot understand the ways in which production personnel will use the data they provide to them. They should understand the ...

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