Which of the following statements is false? Financial accounting information is important because it is...

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Accounting

Which of the following statements is false?
Financial accounting information is important because it is sufficient to provide
all the information for operational decistons commonly made by managers.
The supply chain is a subset of the value chain.
Eliminating non-value-added activities reduces costs to the firm without
affecting the value of the product or service provided to customers.
In essence, the value chain is a series of activities that creates a product or
service for which the customer is willing to pay.
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