Discussion Post: Accounting Essay
Describe the role of managerial accounting in contemporary business. Provide one specific, real-life example of how managerial accounting helps managers improve operational and financial performance. Also, describe the role of federal taxes, the state of the economy, and financial market outlook plays in short-term business decisions.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.