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Fails to carry The complete picture -Â Financial accounting deals While using the quantitative elements in lieu of the qualitative areas. It bargains only Together with the actions of financial values, the non-financial things to do like the standard of products and labor relations get overlooked.
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The function of a project accountant will depend on the read more project needs, but being a essential functionality, the project accountant situation is accountable for checking the development of projects, investigating variances, approving fees, and ensuring that project billings are issued to customers and payments collected.[10]
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