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Old 11-30-2008, 09:02 PM   #1
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"The diverse uses of routinely recorded cost data give rise to a fundamatal dange: information prepared for one purpose can be grossly misleading in anither context" ( from management accounting: A conceptual approach, by L.R. amey and D.A.Egginton)

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Discuss to what extent the above statement is valid and explain your conclusions.
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