Can anyone help? Q: Your friend made this comment: "My major is biology and...

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Accounting

Can anyone help?

Q: Your friend made this comment: "My major is biology and I plan to do research for cures for major illnesses. Therefore, I have no need to study accounting."

Define accounting for your friend.

Explain the importance of reading and understanding financial statements, and how your friend's research company could suffer should he or she hire an unqualified accountant.

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