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Sagot :
Final answer:
Accounting in business is vital for financial decision-making and accountability.
Explanation:
The purpose of accounting in business is crucial for making informed financial decisions.
Financial statements are produced to analyze an organization's financial health and performance based on past transactions.
Accounting helps in providing information to investors, assisting managers in creating profits, and ensuring accountability within organizations.
Learn more about Purpose of accounting in business here:
https://brainly.com/question/40609214
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