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1. Explain the following terms in your own language: a. Cost Accounting b. Financial management 2. Explain how some of the following affects the qualitative

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1. Explain the following terms in your own language: a. Cost Accounting b. Financial management 2. Explain how some of the following affects the qualitative characteristics of financial statement a. Materiality b. Comparability c. Accuracy 3. Financial Accounting is a stewardship report. Discuss

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