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1. Financial Accounting is characterized as General-Purpose Accounting. What from the following options explains the statement? (1 Point) A. Financial accounting is not very important

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1. Financial Accounting is characterized as General-Purpose Accounting. What from the following options explains the statement? (1 Point) A. Financial accounting is not very important B. Financial accounting is done only when there is a purpose defined C. Financial accounting does not fulfil any specific purpose of the organization D. Financial accounting is uniform for all the stakeholders of the business

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