What is the primary purpose of accounting? To implement strong internal controls To prepare financial statements to be used by shareholders To ensure the profitability of an organization To provide information to stakeholders to help them make informed decisions
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what is the primary purpose of financial accounting? A. determine the amount of tax liability owed to the government B. communicate business transactions to internal management C. measure business transactions and communicate those measures to external users to make decisions D. measure the profitability of the company in order to assist employees with making decisions
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