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Introduction to Accounting Chapter 3 # Magal and Word | Integrated Business Processes with ERP Systems | © 2011
Learning Objectives Explain the differences between financial accounting and management accounting. Describe the organizational data related to financial accounting. Discuss and analyze the key types of master data involved with financial accounting. Explain and apply basic accounting concepts. Execute key processes in financial accounting. # Magal and Word | Integrated Business Processes with ERP Systems | © 2011

Accounting Categories The accounting process is divided into two major categories: Financial accounting (FI) Management accounting (CO) Magal and Word | Integrated Business Processes with ERP Systems | © 2011 #

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