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What Is The Importance Of Statistics In The Field Of Accounting?

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Anonymous Profile
Anonymous answered
Statistics is very important in accounting profession due to it indispensable role in the summarising, presenting and reporting of accounting information for effective communication in an organisation.
Cihan Barut Profile
Cihan Barut answered
Statistics and trend analysis are the critical parts for a budget and cash plan works.

I.e. Z-test, geometric mean and sequences - series

Kind regards,

C.Barut
Kathleen Griffin Profile

Accounting reports and statistics is very important for business. If you will have such reports you will analyze them and make right decisions! We have a company in UK and work with Osome accounting services https://osome.com/uk/bookkeeping-services/ for this purpose. They are really professionals in this field! I can say that results are quite good!

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