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After reading this chapter, you should be able to:
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LO 1
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Describe the way managers use accounting information to create value in organizations.
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LO 2
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Distinguish between the uses and users of cost accounting and financial accounting information.
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LO 3
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Explain how cost accounting information is used for decision making and performance evaluation in organizations.
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LO 4
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Identify current trends in cost accounting.
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LO 5
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Understand ethical issues faced by accountants and ways to deal with ethical problems that you face in your career.
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