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The process of producing statements that disclose an organization's financial status (financial health) to: management, investors and the government is: a. Managerial reporting. b. Electronic

The process of producing statements that disclose an organization's financial status (financial health) to: management, investors and the government is:

a.

Managerial reporting.

b.

Electronic reporting.

c.

Cost reporting.

d.

Financial reporting.

When we move from business within a single country to buying and selling products in many different nations, we run into issues of:

a.

Domestic currency accounting.

b.

Local currency accounting.

c.

Any type of accounting.

d.

Foreign currency accounting.

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