Question

write in brief about the scope of accounting

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Answer 1

Answer:

Accounting helps in the facilitation of systematic management of financial data and records of transactions. Accounting provides a particular idea about the possibility of the company experiencing profits or loss. Accounting also helps in the management process and assists in decision making.

Answer 2

Answer:

Accounting helps in the facilitation of systematic management of financial data and records of transactions. Accounting provides a particular idea about the possibility of the company experiencing profits or loss. Accounting also helps in the management process and assists in decision making.

Explanation:

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