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Introduction to financial decision making

1. Given their historical nature financial accounts are less important than management accounts in supporting financial decision making. Do you agree?2. Maximising profit is the only performance criteria needed by a profit seeking organisation. Do you agree?3. How, in your view, do the information requirements of short and long term decision-making differ from each other?200-300 words.Introduction chapter (1&2) from the two books reference to be used only