You have just joined the accounting staff of a fast-food company. You are surprised that this company

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You have just joined the accounting staff of a fast-food company. You are surprised that this company has a chart of accounts with twice as many accounts as the fast-food company you previously worked for, even though the current client’s sales are one-half as large. You are tempted to write a very critical memo to your manager about this issue. You have asked a more experienced friend for advice. What might this friend ask about these clients?

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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