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Management accounting – a system of recording and analysis of business information with the purpose of decision making, calculation of the prime cost DECISION MAKING AND THE ROLE OF MANAGEMENT ACCOUNTING FUNCTION–A REVIEW OF EMPIRICAL LITERATURE. PDF Pack. People also downloaded these PDFs Decision-making Assumptions - A critical managerial function is decision‑ making. Decisions which management must make may be classified as marketing,. Nowadays, the decision-making process is becoming more complex and it is characterized by the short life cycles of product, the variety of the products and
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