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Both financial and managerial accounting rely on accepted principles that are enforced through an extensive set of rules and guidelines. True False
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27 votes
Both financial and managerial accounting rely on accepted principles that are enforced through an extensive set of rules and guidelines. True False

User Konstantin Makarov
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24 votes
24 votes

Answer:

false

Step-by-step explanation:Only financial accounting has extensive set of rules and guidelines that is issued by external bodies and which organisation are bound to follow.

User Nazneen
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