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    Financial Accounting Information Study Set 1
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    Exam 1: Introducing Accounting in Business
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    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 28

Question 28

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 deceive stockholders
D) To keep from paying taxes
E) To establish credit for a company

Correct Answer:

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