Why is Accounting Knowledge Important for MBA Students?

AC 501

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Managers will often be required to make decisions based on accounting data. MBA candidates should have a strong knowledge of accounting to ensure that accounting data is interpreted accurately. Virtually all levels of management utilize accounting data to make decisions. At the highest level of the company, accounting information often dictates major decisions such as laying off employees or whether to merge with another company. Therefor, MBA students must have accounting knowledge to ensure that accounting data is interpreted effectively.

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