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Accounting Fact Sheet

Accounting Expert Answers

Source: Your Future, A

Our Accounting Fact Sheet offers basic accounting facts. This area is designed to give you a quick overview of our website focus.

Accounting refers to "The overall process of identifying, measuring, recording, interpreting, and communicating the results of economic activity; tracking business income and expenses and using these numbers to answer specific questions about the financial and tax status of the business."

This fact sheet was last updated Thu Jan 26 3:23:32 PST 2006.

Accounting is considered to be a "child subject" of Money.

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