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  3. Study Set
    Financial Reporting
  4. Exam
    Exam 1: The Economic and Institutional Setting for Financial Reporting
  5. Question
    The Role of Financial Accounting Information Is to Facilitate Economic
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The Role of Financial Accounting Information Is to Facilitate Economic

Question 76

Question 76

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The role of financial accounting information is to facilitate economic transactions and to foster efficient allocation of resources among businesses and individuals.

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