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ACC ACC-101 PRINCIPLES OF FINANCIAL ACCOUNTING

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PRINCIPLES OF FINANCIAL ACCOUNTING Questions & Answers


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  • 137 terms

    Term:

    TO PROVIDE INFORMATION THAT IS USEFUL FOR DECISION-MAKING PURPOSES

    Definition:

    WHAT IS THE PRIMARY OBJECTIVE OF ACCOUNTING?definition

    • Principles of Financial Accounting
    • 137 terms
    • Vocabulary for Principles of Financial Accounting. Find, create, and access flashcards with Course Hero.
  • 46 terms

    Term:

    accounting records

    Definition:

    For practical purposes, businesses do not prepare new financial statements after every transaction. Rather, they accumulate the effects of individual transactions in theirdefinition

    • Principles of Financial Accounting Chap 3
    • 46 terms
    • Vocabulary for Principles of Financial Accounting Chap 3. Find, create, and access flashcards with Course Hero.
  • 5 terms

    Term:

    accounting records

    Definition:

    For practical purposes, businesses do not prepare new financial statements after every transaction. Rather, they accumulate the effects of individual transactions in theirdefinition

    • Principles of Financial Accounting Chap 3
    • 5 terms
    • Vocabulary for Principles of Financial Accounting Chap 3. Find, create, and access flashcards with Course Hero.

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