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Accounting document from Concordia University, 12 pages, lOMoARcPSD|35886209 Cash Flow Statement - ACCO 220 formulas and notes Financial and Managerial ...Ideal for graduate, MBA, and higher-level undergraduate programs, FINANCIAL ACCOUNTING: AN …Canada’s productivity has fallen from a “not great” record of producing 88 per cent of the value generated by the United States economy per hour in 1984 to just 71 per cent in …4.4 Facilitating rational decision-making. 4.5 Communicating and reporting. 5 Limitations of Financial Accounting. 5.1 No clear idea of operating efficiency. 5.2 Weakness not spotted out by collective results. 5.3 Not helpful in price fixation. 5.4 No classification of expenses and accounts. 5.5 No data for comparison and decision-making.Accrual accounting is an accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. … if age 62+. $0. $4.99. open a checking account online. 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