3.
Name important objectives of accounting.
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We have identified 13 objectives that:
•accounting serves.
•Identification and recording of transactions. ...
•Ascertainment of results. ...
•Ascertainment of financial affairs. ...
•Keeping accounts of cash. ...
•Control over assets and liabilities. ...
•Controlling money defalcation and cost. ...
•Providing economic data. ...
•Helping tax fixation...
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