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Financial accounting covers those activities related to the preparation of certain reports which are known as financial statements. These statements report the financial status of the firm at a particular time the firms activities and resulting profits and losses during the most recent period, and the flow of resources occurring within the firm during the same period....
Financial accounting covers those activities related to the preparation of certain reports which are known as financial statements. These statements report the financial status of the firm at a particular time the firms activities and resulting profits and losses during the most recent period, and the flow of resources occurring within the firm during the same period.
Budgetary control systems are widely used and are regarded as an important instrument for financial planning. The goal of budgetary control is to offer a forecast of revenues and expenditures....
Budgetary control systems are widely used and are regarded as an important instrument for financial planning. The goal of budgetary control is to offer a forecast of revenues and expenditures.
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