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Why internal users should have access to more information

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Reference no: EM132617755

Problem 1: Justify why internal users should have access to more information, such as cost price of individual items of stock they sell, while external users receive limited information.

Problem 2: Using an example, explain how accounting information is used for decision-making: a) before a business has commenced trading, and b) as it is in the process of closing down.

Reference no: EM132617755

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