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Describe how cost information relates to the three key activities of management: planning, budgeting, and control.

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User Minboost
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Cost information is a key to decision making in management, budgeting, and planning. Providing the right knowledge based on the organizational experiences that had been done to help businesses and keep themselves from having bad financial decisions in the future. It provides an organized approach in operations for efficient time management and productivity, shorter methods and good financial management.  
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User Artfunkel
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