Accounting Is the Recording,classifying,summarizing and Interpreting of Financial Events and Transactions,in
Accounting is the recording,classifying,summarizing and interpreting of financial events and transactions,in order to provide management and other stakeholders the information they need to make good decisions.
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Q5: Managerial accounting generates information for use outside
Q6: A journal is a specialized accounting book
Q7: Annual reports are yearly statements of the
Q8: Financial accounting is used to provide information
Q9: The sole purpose of accounting is to
Q11: A ledger is a record book in
Q12: Double-entry bookkeeping is the concept of writing
Q13: If a manager wants to know how
Q14: The first step in the accounting cycle
Q15: One of the concerns of managerial accounting
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