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Businesses skittish over short-term economic uncertainty
Management accountants are bracing for a decision by the U.S. Congress on the nation's debt ceiling and spending, and most predict the U.S. economy will suffer in the form of a lower credit rating and a weaker dollar. While most don't see a global recession as a result, they predict trouble ahead for their businesses, while at the same time admitting that their companies are too sensitive to short-term economic crises, according to a new survey by the AICPA and the Chartered Institute of Management Accountants.
CGMA Magazine (1/23)
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