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This subsystem deals with the preparation of Profit and Loss accounts, Balance Sheet and Cash Flow statements for reporting purposes. |
Expense Accounting Sub System Tax Accounting Sub System Final Accounts Sub System Costing Sub System |
Final Accounts Sub System |
The correct answer is Option (3) → Final Accounts Sub System FINAL ACCOUNTS SUB-SYSTEM: This subsystem deals with the preparation of Profit and Loss accounts, Balance Sheet and cash flow statements for reporting purposes. |
