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The ima definition of management accounting states that

01/05/2021 Client: muhammad11 Deadline: 2 Day

In 1982, the IMA defined management accounting as follows:

The process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of financial information used by management to plan, evaluate, and control within the organization and to assure appropriate use of and accountability for its resources.

Compare this definition with the updated one that appears in LO 1. How has the emphasis changed?

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