Answer:
Accounting
Explanation:
Just as the definition i the question says, Accounting is the systematic system of identifying, measuring, communicating and reporting economic information about the financial transactions that affects an organization.
Accounting has 3 major financial statements or accounts that it generates. These statements/accounts include; profit-loss statement/account, the balance sheet and the cash-flow account/statement.
These three statements are very important to an accountant and an organization as a whole as it helps to determine the financial situation of an organization to enable apporpriate actions/measures to be taken.
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