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You have started a new company that has three separate departments and employs over 50 people. You must set up an accounting system that meets
You have started a new company that has three separate departments and employs over 50 people. You must set up an accounting system that meets your business needs, but is also legally sound. You realize some of the reports you want must be Financial Accounting Standards Board (FASB) compliant, while you have flexibility in how other reports can be structured. Match the appropriate financial document with either a Financial Accounting Standards Board report (FASB) or Flexible Internal Report.
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