Develop a brief answer to each of the following questions: 1. What makes accounting a valuable discipline?

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Develop a brief answer to each of the following questions:

1. What makes accounting a valuable discipline?

2. Why do managers in governmental and not-for-profit organizations need to understand financial information as much as managers in profit-seeking businesses do?

3. Are all economic events business transactions?

4. Sole proprietorships, partnerships, and corporations differ legally; how and why docs accounting treat them alike?

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Principles Of Financial Accounting

ISBN: 9780538755160

11th Edition

Authors: Belverd E Needles, Marian Powers

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Question Posted: Feb 22, 2012 11:37 PM

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Develop a brief answer to each of the following questions: 1. What makes accounting a valuable discipline?

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1 The primary purpose of accounting is to provide decision makers with the financial informat...View the full answer

Principles Of Financial Accounting

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