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Principles of Accounting, Volume 2: Managerial Accounting

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Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester
accounting course that covers the fundamentals of financial and managerial accounting. This book is
specifically designed to appeal to both…

Accounting for Managers

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Answer: Financial accounting1 focuses on providing historical financial information to external users. External users are those outside the company,
including owners (e.g., shareholders) and creditors (e.g., banks or bondholders). Financial…

Introduction to Financial Accounting - First US Edition

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Accounting is often called the language of business because it uses a unique vocabulary to communicate information to decision makers. In this chapter, we will discuss what financial accounting is and briefly introduce how financial information is…
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