Millions of people every day must make informed decisions about organizations. To make the decisions...

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Accounting

Millions of people every day must make informed decisions about organizations. To make the decisions these people need information. Accountants measure the activities of an organization and communicate those measurements to others. Accounting information provided for internal users, such as managers, is referred to as managerial accounting; accounting information provided to external users is referred to as financial accounting. The two functions of financial accounting are to measure business activities of a company and then to communicate those measurements to external parties for decision-making purposes

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