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The management accountant of X Co has written a report assessing the cost savings that could be made if the company was to invest in new technology.
In which area will the report primarily aid the management of X Co?
A. Budgeting
B. Control
C. Decision-making
D. MonitoringAnswer is C. Why it is not B?
Cost can be control as the report is regarding cost savings. Definitely decision would be based on cost control purposes. Please explain.The company does not yet have new technology so is presumably trying to decide if that is worthwhile.
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