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Accounting is, I think, the number one reason why businesses succeed as well as fail. If one employs sound accounting technique to his business plan and structure, that is much more significant and advantageous than selling hoards of product without one. With good accounting structure, it is easy to plan the future of the company, spending, in addition to tracking how the company is doing or has done over a specified time.
This affects my life in a variety of ways, as I plan on opening my own real estate business, once I get my brokers license (in a year and a half). The date of getting my license almost directly coincides with my business degree, and when I have both is when I plan on opening my business...
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Common topics in this essay:
- Accounting 102 - Why I am taking it
- An Interface Between Financial Accounting And Cost & Management Accounting And Some Concepts Of Strategic Cost Management
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