Why is accounting important for the success and... - SS1 Accounting Meaning Of Accounting Question
Why is accounting important for the success and sustainability of any organization?
Accounting provides accurate and reliable information about an organization's financial position, performance, and cash flow. This information is used by managers, investors, creditors, and other stakeholders to make informed decisions about the organization. Therefore, accounting helps an organization to make better decisions, manage resources effectively, and achieve its goals.
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