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Define the meaning of branch of accounting?
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Define the meaning of branch of accounting?
Branch accounting is an accounting system in which separate accounts are maintained for each branch of a corporate entity or organization. The primary objectives of branch accounting are better accountability and control, since profitability and efficiency can be closely tracked at the branch level.
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Define the meaning of branch of accounting?
Branch accounting is an accounting system in which seperate accounts are maintained for each branch of a corporate entity of organisation. the primary objectives of branch accounting are better accountability and control, since profitability and efficiency can be closely tracked at the branch level.
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Define the meaning of branch of accounting?
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