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ACCOUNTING 421 CLASS – Week 1

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Preview of the answer..

Business organizations, both small and large, for profit and nonprofit, and private and public are usually driven by numbers. This is whether they are managing inventory, making pay or tracking sales. Any smart manager knows he or she has to keep a close eye on the numbers as it is extremely crucial. However, successfully monitoring these numbers is likely to be a difficult task without an accounting function..

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Write a 700- to 1,050-word paper including the following:

The purpose of accounting and financial reporting within your organization or an organization with which you are familiar.A description of the people, processes, and systems that are part of the accounting and financial reporting processes.Consistant with APA guidelines.

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