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What do you understand by an economic entity

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The role of an Accountant within an economic entity is vital and cannot be brushed aside, as he produces the Financial Statements to meet the requirements of various users.

(a) What do you understand by an economic entity?? Give relevant examples.

(b) List FOUR important roles of an accountant within an economic entity.

List THREE characteristics each of Financial Statements as to the contents and presentation of information therein.

Reference no: EM13513191

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