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Yes, Accounting would be a service function. A service is any business that provides a well "service".

There are 2 main types of business, Merchandising, where a business sells a product, such as Wal-Mart, Target, a local resteraunt.

Service, where the company is in business to provide a service, Accounting, Dry Cleaning, Landscaping.

Since accounting would be the provision of an Accounting Service, then it would be a service business.

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14y ago
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6mo ago

within an organization that involves recording, analyzing, and reporting financial transactions and information. It helps in decision-making, monitoring financial performance, and ensuring compliance with regulations. Accounting provides valuable information for management, investors, and other stakeholders to make informed decisions and assess the financial health of the business.

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