Question: Match the terms on the left with the descriptions on the right. Each description should be used onlyonce. Term Description a. The procedural aspect of
Match the terms on the left with the descriptions on the right. Each description should be used onlyonce.
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Term Description a. The procedural aspect of accounting that involves keeping Financial accounting Management accounting detailed records of business transactions, much of which is done today by computers A broad term that describes all information provided to external users, including but not limited to financial statements b. Financial statements General-purpose assumption Integrity Internal control Public accounting Bookkeeping c. An important quality of accounting information that allows investors, creditors, management, and other users to rely on the informationn d. The segment of the accounting profession that relates to e. Procedures and processes within an organization that f. Statement of financial position (balance sheet), income g. The fact that the same information is provided to various h. The area of accounting that refers to providing information i. The area of accounting that refers to providing information providing audit, tax, and consulting services to clients ensure th statement, statement of cash flows external users, including investors and creditors to support internal management decisions to support extenal investment and credit decisions e integrity of accounting information
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