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When todays university students are asked about their long-term career choice, a surprisingly large number respond that they wish to someday own and manage their

When todays university students are asked about their long-term career choice, a surprisingly large number respond that they wish to someday own and manage their own business. In fact, the aspiration to start a business, to be an entrepreneur, is nearly universal. It is widely acknowledged that a degree in accounting offers many advantages to be an entrepreneur. In fact, if you ask owners of small businesses which skill they wish they had more expertise in, they will very frequently reply accounting. No matter what the business may be, the owner and/or manager must be able to understand the accounting and financial consequences of business decisions. Required: Do you agree with this view? Why or why not?

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