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Accounting (Text Only)
What is the role of accounting in business?
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
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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