Perception” Please respond to the following:
- You have been immersed in the world of managerial accounting (i.e., cost accounting) for seven (7) weeks. At this point in the course, what is your assessment of cost/managerial accounting from a provider perspective?
- Now imagine that you are the user, not the provider. Explain whether or not your assessments have changed, and explain why or why not. As a user, describe how you would use two (2) of the variances calculated to make better management decisions.