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QUESTION

Explain the major advantages of a business owner with minimal accounting experience maintaining the company's book. Then explain the disadvantages. Analyze the major impact to the users of accounting statements if the statements are prepared in e

  • Explain the major advantages of a business owner with minimal accounting experience maintaining the company's book. Then explain the disadvantages.
  • Analyze the major impact to the users of accounting statements if the statements are prepared in error.
  • Provide support for your position.
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