You have been hired as the CFO of a new company and are determining the company's accounting needs. Explain to your staff at least 2 ways in which accounting data are used to make business decisions Explain at least three related accounting terms or theories.

You have been hired as the CFO of a new company and are determining the
company’s accounting needs.

Explain to your staff at least 2 ways in which accounting data are used to
make business decisions

Explain at least three related accounting terms or theories.

4 – 5 paragraphs