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Section 3: Communication write in complete sentences for full-points! [24 Points] 1. Explain what accounting is and how it is used by Internal & external
Section 3: Communication write in complete sentences for full-points! [24 Points] 1. Explain what accounting is and how it is used by Internal & external users (4 points] 2. Explain the 3 main forms of business ownership providing 2 pros and cons for each [9 points) 3. Explain what ethics is and why it is important in accounting, providing an example of 1 company that was unethical and briefly explain. 17 Points) 4. Identify & Explain the four inventory costing methods we learned in class [4 points]
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