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Investments glossary

Managerial Accounting


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Drugs are not always necessary, but belief in recovery always is.

— Norman Cousins

Managerial accounting is the practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization’s goals. It varies from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.


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