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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 companys

Why does financial accounting have a positive impact on our society?\ \ Multiple Choice\ \ It prevents competitors from being able to steal the companys customers.\ \ \ 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.\ \ \ It entails a detailed transaction record necessary for filing taxes with the Internal Revenue Service (IRS).

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