Business

What Is Managerial Accounting?

Managerial accounting is a branch of accounting that produces financial and nonfinancial information for internal use by business managers. This type of accounting focuses on the sourcing, analysis, and reporting…
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Business

How banks prevent Money Laundering

One of the most common crimes that criminals attempt is money laundering. Banks and financial institutions are very aware of how nefarious activities create money and a cash-rich one at…
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