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business activities (business . ((• Market/sell those goods and services,…
business activities
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Accounting
The process of keeping and interpreting financial records. The process of gathering, recording, organizing,
and reporting financial data.
By accounting for all expenses, and comparing expenses to income, businesses can make judgments and predictions about
their own financial status.
Financial analysis is also about keeping accurate and useful financial records—and analyzing and interpreting the recorded
information. These activities form the basis of accounting.
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