Create information to fill a competitive need


Response to the following questions:

1. What exactly did Donaldson Brown, the chief financial officer for DuPont, develop, and why was it so revolutionary?

2. The chapter states that the focus of management accounting is to create information to fill a competitive need. Explain how management accounting can provide a competitive edge in business.

If possible, please give examples to better understand your answers.

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Financial Accounting: Create information to fill a competitive need
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