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Management Accounting Is All About Data Driven Decisions
management reporting is about looking at unit economics, homuch, the revenue and the cost of good sol on the stuff that you do on your unit. And how much do you sell it for? Because then you can quickly do a math to c ok,. If it's a ten dollar item and it costs five dollars to make, they're thinking, that's 50 cent. That's where management accounting is all about, riht data driven decisions.
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