Reflect on and comment about the importance

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Question: While understanding the basics of financial accounting is certainly important for accountants, it is also an important skill to have in all types of professional fields. I need to make connections between my chosen field (Human Resource Management) and the financial accounting in this course.

Address the following in your initial post:

Think about the types of financial transactions my chosen field is likely to generate and how they will need to be reported and accounted for by the business. Describe at least three examples of such transactions and how they affect the financial statements and the business in general.

Reflect on and comment about the importance of financial accounting

Reference no: EM133496911

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