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Accounting Is a System of Maintaining Records of a Company's

question 19

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Accounting is a system of maintaining records of a company's operations and communicating that information to decision makers.


Definitions:

Philanthropic Side

The aspect of an individual or organization that is dedicated to promoting welfare of others, often through charitable donations or actions.

Milton Friedman

An influential American economist known for his work in the fields of macroeconomics, microeconomics, and the study of consumption analysis and monetary history.

Social Entrepreneur

An individual who establishes an enterprise with the aim of solving social problems or effecting social change, using traditional entrepreneurial principles.

Economic

Pertaining to the production, distribution, and use of income, wealth, and commodities.

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