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Definition of Accounting and Its Activities
Definition of Accounting and Its Activities
Quiz
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According to the American Association of Accountants, what is the primary purpose of accounting?
A.
To create reports for tax authorities.
B.
To track sociological and psychological matters of an entity.
C.
To identify, measure, and communicate economic information to permit informed judgments and decisions.
D.
To manage all aspects of a company's internal operations.
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