1: What Is Managerial Accounting? Business LibreTexts
For example, if you have a retail store and you have a plan to minimize shoplifting, you can implement a control, such as antitheft tags that trigger an alarm when someone removes them from the store. You could also install in the ceilings cameras that provide a different view of customers shopping and therefore may catch a thief more easily or clearly. Before taking a deep-dive into the said topics, this chapter aims to introduce you to managerial accounting, how...