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Question 1: The managers of Warren Inc. are suggesting that the company president eliminate one of...

Question 1: The managers of Warren Inc. are suggesting that the company president eliminate one of the company’s segments that is operating at a loss. Why may this be a hasty decision?

Question 2: Why would a supervisor choose to continue using a more costly old machine instead of replacing it with a less costly new machine?

Question 3: How may budgets be used as a measure of performance?

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