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Your friend, Emily, made this comment: My major is biology and I plan to research for...

Your friend, Emily, made this comment:

My major is biology and I plan to research for cures for major illnesses. Thus, I have no need to study accounting.

What is your response to Emily?

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Answer #1

It is impossible for a working individual to operate without financial knowledge. Even though Emily is major in biology and plans to conduct research for curing illnesses , accounting can help her to keep a record of her expenditure on research.

Studying accounting may help her in filing income tax returns.

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