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Accounting (Text Only)

26th Edition
Carl Warren + 2 others
ISBN: 9781285743615

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BuyFindarrow_forward

Accounting (Text Only)

26th Edition
Carl Warren + 2 others
ISBN: 9781285743615
Textbook Problem
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What is the role of accounting in business?

To determine

Accounting: Accounting is a system, or a process of collecting and organizing economic transactions, analyzing, and summarizing the transactions into reports, and communicating the relevant information to the users.

To state: The role of accounting in business

Explanation

The following is the role of accounting in business:

  • Provide accounting information about business operations to managers
  • Provide accounting information to th...

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