In an open-book management setting,financial information is often shared with employees who have little knowledge of accounting concepts.

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In an open-book management setting, financial information is often shared with employees to increase their understanding and involvement in the financial success of the company, regardless of their level of accounting knowledge. This is a key aspect of the philosophy, as it emphasizes transparency and encourages employees to understand and impact the financial performance of the organization.

In an Open-Book Management Setting,financial Information Is Often Shared with Employees