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1.Explain the importance of accrual accounting and proper application of the matching principle for the computation of contribution margins and break-even points. 2. Please describe

1.Explain the importance of accrual accounting and proper application of the matching principle for the computation of contribution margins and break-even points.

2.Please describe the difference between thesubstanceandformof financial statements. Give an example of each.

3.Describe the two networking techniques that you plan to use throughout this course. Why is networking important?

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