Please answer the following questions 1-3 with 200 words per question answer. Thank you.
1. How are managerial accounting concepts useful for a decision-maker at any level in an organization? Make sure to include different levels of decision-makers in your reply.
2. In what ways can management accountants enhance the performance evaluation procedures in organizations? Should performance evaluation be based on numerical values or qualitative data?
3. What do you see as the major impediments to effective budgeting in organizations? Why?