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Questions and Answers
What are the different fields of accounting?
What are the different fields of accounting?
The different fields of accounting include financial accounting, management accounting, tax accounting, and cost accounting.
What is the focus of financial accounting?
What is the focus of financial accounting?
The focus of financial accounting is on the reporting of an organization's financial information to external users, such as investors and regulators.
What is the purpose of accounting?
What is the purpose of accounting?
The purpose of accounting is to process information about economic entities and convey this information to stakeholders.
What is the focus of management accounting?
What is the focus of management accounting?
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What is the role of accountants?
What is the role of accountants?
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