What is meant by the term economic consequences? Why does accounting have economic consequences?

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What is meant by the term "economic consequences"? Why does accounting have economic consequences?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:53 AM

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What is meant by the term economic consequences? Why does accounting have economic consequences?

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An action or event has economic consequences if it causes a change in so...View the full answer

Financial Accounting A Critical Approach

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