Posted: September 5th, 2022

After the first day of cost accounting your friend says, “The role of accountants is to report what happened. Why do we care about value creation?

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After the first day of cost accounting your friend says, “The role of accountants is to report what happened. Why do we care about value creation? That’s not my responsibility.” Do you agree? Explain in detail offering examples of uses of cost accounting for business purposes.

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