Dictionary, Encyclopedia And Thesaurus
An organization is a type of business The definition of the time period varies by nation. 17 Accounting, which has been known as the “language of business”, 18 measures the results of an organization’s economic activities and conveys this data to a variety of users, including investors , collectors , administration , and regulators 19 Practitioners of accounting are often known as accountants The terms “accounting” and “financial reporting” are often used as synonyms.
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