Accounting exam 1 stuvia - Study guides, Class notes & Summaries

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ACC 241 Exam 1 Questions and Answers (Already Graded A)ACC 241 Exam 1 Questions and Answers (Already Graded A)ACC 241 Exam 1 Questions and Answers (Already Graded A)What is accounting? - ANSWER - Accounting consists of three basic activities- it identifies, records, and communicates the economic events of an organization to interested users. Identifies - ANSWER - the economic events relevant to its business Records - ANSWER - consists of keeping a systematic, chronological diary of events,...

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