Explain how accounting information is used in personal decision-making process


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  • I need help grow my business. I wonder if they could see that it's worth investing in. 
  • I think they will analyze my income statements, balance sheets, and more to determine whether or not it has potential. 
  • Accountancy can support the decision making process and management activity. The objective of an accounting system is to provide financial information concerning the studied company.
  • Well I have looked over your financial forms, and I am impressed. I can definitely allocate my resources within your business. 
  • My finance statements for my company have been reported, so everything is authentic. What do you think ?
  • Accounting information is used in personal decision-making process to allocate resources. 
  • Because of my financial analysis, I will now have more resources to give my services to more people in town. 
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