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ACT 1010 — Financial Accounting

3 credits · 3 hours

An introduction to financial accounting as an information processing system that communicates relevant financial data regarding the business entity to external decision makers. Emphasizes the basic concepts, principles, and techniques used in the generation of accounting data for financial statement preparation, interpretation, and use.(Students with one year of high school accounting may enroll by consent of instructor.) IAI: BUS 903

Prerequisites: ACT 1210

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