Accounting function provides information that is used in capital budgeting activities by managers.
Why are accountants involved in capital budgeting decisions?
Accountants function primarily as information specialists. One of the uses of accounting information is in predicting future events, and predicting outcome of capital budgeting decisions is an important prediction.
Why are accountants involved in capital budgeting decisions?
Accountants function primarily as information specialists. One of the uses of accounting information is in predicting future events, and predicting outcome of capital budgeting decisions is an important prediction.
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