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Asked Dec 19, 2019
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“Companies should focus on financial measures of quality because these are the only measures of quality that can be linked to bottom-line performance.” Do you agree? Explain.

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Financial accounting: Financial accounting is the process of recording, summarizing, and reporting all the financial transactions in the financial statement of the business over a period of time. The financial statement consists of the balance sheet, income statement, statement of retained eamings, and the cash flow statement.

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