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What is Managerial Accounting Framework Overview about?
Managerial accounting emerged to provide information and support the management and control of companies. Its main objective is to analyze the operational activity of the business to improve managerial decision-making. It no longer only involves the recording of data, but facilitates useful information that is classified and analyzed for planning, budget control, and cost analysis for administrative purposes. A large part of this information is financial, but it also includes relevant non-financial factors
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