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ACCT205-1202B-26 Principles of Accounting I Deliverable Length: 4 to 5 paragraphs You have been hired as the CFO of a new company and are...

ACCT205-1202B-26 Principles of Accounting I
Deliverable Length: 4 to 5 paragraphs

You have been hired as the CFO of a new company and are determiningthe company'saccounting needs.

Explain to your staff at least 2 ways in which accounting data are used to make business decisions.

Explain at least three related accounting terms or theories.

*please list all references*

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Business-8226412.doc

Generally, accounting standards need to be known by practitioners of accounting. Though users of
accounting information need only sketchy knowledge to make informed decisions it is very important...

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