The basic purpose of accounting is to provide desision makers with information useful in making economic decision.
The decision concern the allocation and use of scares economic resources. we allocate and use economic resourss shapes the world economics.
The general purpose of financial accounting is information financial refers to information describing. the financial resources obligations and activities of an economic entity either a organization or an individual financial accounting information is use for so many different purpose that it often is called general purpose accounting information.
The decision concern the allocation and use of scares economic resources. we allocate and use economic resourss shapes the world economics.
The general purpose of financial accounting is information financial refers to information describing. the financial resources obligations and activities of an economic entity either a organization or an individual financial accounting information is use for so many different purpose that it often is called general purpose accounting information.
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