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What learned from your earlier accounting courses, specifically Financial Accounting will mainly be essential to Intermediate Accounting? Why is it important to have a governing

  • What learned from your earlier accounting courses, specifically Financial Accounting will mainly be essential to Intermediate Accounting?
  • Why is it important to have a governing set of principles for accounting practices? Provide specific examples by referring to at least two principles from GAAP.

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Cornerstones of Financial and Managerial Accounting

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