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September 11, 2020

Discuss why financial managers in organizations need to know

Discuss why financial managers in organizations need to know the full cost of producing goods and/or providing services.Financial managers is a bit of a general term. The CFO of the organization certainly must have this information. The head of accounting may not need it. The director of investments is likely to need certain information related to cash flow. The director of budget is likely to need a full understanding.

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