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From a financial perspective, briefly describe the concepts of a business. b. What is the difference between a business and a pure charity? No plagiarism please..

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 3MC: External users of financial accounting information include all of the following except ________. A....

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a. From a financial perspective, briefly describe the concepts of a business.

b. What is the difference between a business and a pure charity?

No plagiarism please..

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2.1 a. From a financial perspective, briefly describe the concepts of a business. b. What is the difference between a business and a pure charity?
Which of the following statements is true regarding business plans: A. A corporation is the only legal form of business ownership that should develop a business plan. B. The operating plan details information regarding the business's services. C. Owners often use business plans as a tool to help them achieve their objectives. D. Lending institutions do not usually require loan applicants to submit a business plan.
Asap Why is it necessary for accountants to assume that business entity will remain a going concern?
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