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A Good Example of How an AIS Is Used to Share

question 38

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A good example of how an AIS is used to share knowledge within an organization is


Definitions:

Financial Accounting

The field of accounting that focuses on preparing financial statements for external users, such as investors, creditors, and regulatory agencies.

External Users

Individuals or entities outside a company, such as investors, creditors, regulators, and customers, who use its financial information for making decisions.

External Auditing

The examination of financial records and statements by an independent third party, to ensure accuracy and adherence to accounting standards.

Private Accountant

An accountant employed by a single firm, business, or organization to handle its internal financial matters.

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