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    Intermediate Accounting Study Set 3
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    Exam 1: The Framework for Financial Reporting
  5. Question
    The Main Purpose of Financial Accounting Is to Communicate Useful
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The Main Purpose of Financial Accounting Is to Communicate Useful

Question 84

Question 84

True/False

The main purpose of financial accounting is to communicate useful financial information to decision-makers both inside and outside of the business organization.

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