Explain the functions of an accounting system, Accounting Basics

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Explain the functions of an accounting system

Response to the following questions:

1. What are the three functions of an accounting system?

2. What are the essential elements in decision making, and how does accounting fit into the process?

3. What types of personal decisions have required you to use accounting information?

4. What does the term business mean to you?

If possible, please give examples to better understand your answers.

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Accounting Basics: Explain the functions of an accounting system

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Accounting Basics: Explain the functions of an accounting system

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