What is the value chain why is it important- what is a cost


1. What is the value chain? Why is it important?

2. Explain the challenges faced by managerial accountants in effectively communicating managerial accounting information to various interested users.

3. What is a cost object? Give some examples.

4. What is the difference between accumulating cost and assigning cost?

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Finance Basics: What is the value chain why is it important- what is a cost
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