Assume your roommate is a management major and must take this course next semester.You have explained some of the things you have learned thus far,but your roommate states,"I don't know why I would need to know anything about managerial accounting! I am not an accounting major and will NEVER be preparing any managerial accounting reports.As long as I make a profit for the company I will work for,who cares what the accountants' reports say?" How would you respond?
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