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W7.5D Accurate accounting information helps with the overall analysis of the business because it is crucial information for the overall analysis of a business. This means accurate decision-making and financial data. This allows better decisions about the future such as decisions about investments, budgeting, and strategic planning. Inaccurate or false information impacts a business. False information can affect the share prices of your company. Inaccuracy can directly affect customer purchasing decisions as well. Inaccurate or false information impacts a business in multiple factors. Another way is that inaccurate or false information can also result in accidental fraud. To prevent this from happening, ensure all information is correct and precise. Ethical accounting ensures transparency in financial reporting, which is crucial for decision-making by both internal and external users. Ethical accounting also ensures that rules and morals are being followed. Having respect and following some sort of ethics will bring excellent customer service. Excellent customer service can set an example of the company's or organization's standing and well-being.