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Direct linkHemantha S. B. Herath; Tejaswini C. Herath – Advances in Accounting Education: Teaching and Curriculum Innovations, 2024
Traditional functional budgets are useful for planning under predictable business environments. However, due to increased competition, changes in technology, consumer attitudes, and economic factors affecting supply chains, accountants must understand the characteristics of risk and uncertainty. Additionally, businesses now have access to…
Descriptors: Data Science, Accounting, Business Education, Monte Carlo Methods
