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Question 28 (a) Briefly explain the differences between financial accounting and management accounting (15 Marks) (b) Explain the advantages and disadvantages of a sole trader

Question 28 (a) Briefly explain the differences between financial accounting and management accounting (15 Marks) (b) Explain the advantages and disadvantages of a sole trader and a public limited company. (10 Marks) (Total 25 Marks)

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