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Do you agree that Accounting is a branch of Economics ? State Reason.

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Question added by Deleted user
Date Posted: 2014/08/25
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by q q

Yes, I do. Economics sees to it that the scarce resurces are put to the best uses to get maximum returns. In order to verify whether the resource is reaping maximum benefits, accounting policies are to be put into practice. It is the branch of economics that does the cost benefit analysis historically and which helps to suggest better uses for resources

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