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Chapter 1
Chapter 1.. accounting I NFORMATION. AND M ANAGERIAL D ECISIONS. ng ni Study Tools A Preview of This Chapter learning OBJECTIVES. In Chapter 1, we begin the study of managerial ac- counting by discussing what is meant by accounting information and how accounting information is used by both internal and external users to make deci- sions. The Chapter also describes the decision-making ar After studying the material in this Chapter , you should be able to: LO1 Understand the uses and users of accounting Le role of managers in organizations, provides a decision information framework for assessing those decisions, and dis- LO2 Understand the decision-making role of cusses the role of relevant factors, risk, and ethics in managers decision making.
Thomson Learning™ Chapter 1 ACCOUNTING INFORMATION AND MANAGERIAL DECISIONS A Preview of This Chapter In Chapter 1, we begin the study of managerial ac-counting by discussing what is meant by accounting
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