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Why does financial accounting have a positive impact on our society? Multiple Choice It prevents competitors from being able to steal the company's customers. It
Why does financial accounting have a positive impact on our society?
Multiple Choice
It prevents competitors from being able to steal the company's customers.
It entails a detailed transaction record necessary for filing taxes with the Internal Revenue Service IRS
It allows investors and creditors to redirect their resources to successful companies and away from unsuccessful companies.
It provides a system of useful internal reports for management decision making.
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