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  3. Study Set
    Financial Accounting Information for Decisions
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    Exam 1: Introducing Financial Accounting
  5. Question
    Which of the Following Is the Primary Purpose of Accounting
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Which of the Following Is the Primary Purpose of Accounting

Question 40

Question 40

Multiple Choice

Which of the following is the primary purpose of accounting?


A) To establish a business.
B) To identify,record,and communicate business transactions.
C) To earn a large profit.
D) To reduce taxes owed for the business.
E) To establish credit for a company.

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