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Which one of the following statements describes financial accounting?OIt is for managers of the company who need specific types of information presented in certain ways.O

Which one of the following statements describes financial accounting?OIt is for managers of the company who need specific types of information presented in certain ways.O. It helps managers make crucial business decisions, such as how much money can be spent on marketing.staff,and research. O It is for people who are outside of the company, such as stockholders and government agencies who require specific types of information presented in certain ways.O It helps determine what to charge customers.

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