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When Olivia shops in her town, she always buys something at her favorite store, Miranda's Boutique, because Miranda burns scented candles and plays calming music for shoppers, and has creative displays of her merchandise. Miranda understands the importance of
Financial Accounting
The field of accounting focused on the summary, analysis, and reporting of financial transactions related to a business.
Managerial Accounting
Refers to the process of identifying, measuring, analyzing, interpreting, and communicating information for the pursuit of an organization's goals.
Objective
A specific, measurable, achievable, relevant, and time-bound goal that drives strategic and operational planning.
Internal Users
Internal users are individuals within an organization, such as management and employees, who use financial information to make decisions about the operations and future direction of the company.
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