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All businesses use some sort of accounting, whether simple or complex. The mere act of paying bills uses principles of accounting. In more complex organizations, accounting is used for tax computations, bookkeeping, investment management, banking, company evaluation, financial statement preparation, etc. The list is endless.

Accounting is often thought to be a good "all around" business degree to get in college because "if you want a company to succeed, you have to be able to read the numbers."

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16y ago

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