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There are two core components to this activity: to develop a draft report framework (plan) as a group inclass activity and then using that framework (plan) create an individual report based on the management challenges faced by Multi-National Companies (MNC’s) in a Global Business Environment. Student might consider looking at one of the large Multinational Accounting/Financial/Auditing Consulting Frims.
In Week/s 3/4 in-class groups (of 4 students) will be formed and the group will need to select a Multinational (MNC) Australian Company. Australia’s top 200 listed on the Australian Securities Exchange (ASX) and the International Fortune 500.
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Answer: Innovative topic suggestions of managerial accounting:
Answer: The objective of managerial accounting is to assist a company's management by efficiently performing its functions: planning, organising, directing and controlling.
There are about two principles in management accounting. They are:
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