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The function of a project accountant depends upon the project demands, but as a primary purpose, the project accountant position is accountable for checking the development of projects, investigating variances, approving costs, and guaranteeing that project billings are issued to buyers and payments gathered.[ten]

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Economic accounting is the procedure where a firm keeps the documents and examining the conclusion of monetary transactions. The key motto of economic accounting is to supply details in order to help the company in decision earning.

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