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Since precision is not as important with managerial

1) There have been movies where certain participants were to be compensated based on a percentage of net profits from the movie. Even though a movie has been highly successful, the studio claimed the movie did not make a profit. Is this fraud?

2) Since precision is not as important with managerial accounting, is ABC really worth the cost?

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Accounting Basics: Since precision is not as important with managerial

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