D196

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D196 Study Guide Questions and Answers Rated A

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D196 Study Guide Questions and Answers Rated A What is the role and purpose of accounting? Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeholders, investors, tax authorities,...

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