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in 1-2 sentences: Internal accounting is an accounting operation that is within the organization either as a department in a large organization, as an employee

in 1-2 sentences: Internal accounting is an accounting operation that is within the organization either as a department in a large organization, as an employee or a few employees in a smaller organization, or even as the role of the business owner in the case of a very small business operation. External accounting is a service that a business pays for with a company outside of their organization. What do you think the pros and cons are of each

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