Accounting data used to make business decisions

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You have been hired as the CFO of a new company and are determining the companies accounting needs. The first question you answered which was Explain to your staff at least 2 ways in which accounting data are used to make business decisions. I need the answer to the question after that which is

* Explain at least 3 related accounting terms or theories

Needs to be 3-4 paragraphs.

Reference no: EM13141115

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