Illustrate the general role of accounting
Briefly illustrate the general role of accounting?
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The general role of accounting that is to assist people in making informed business decisions. All forms of accounting, comprising management accounting, are mainly concerned with collecting and analyzing financial information and then communicating this information to such making decisions.
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Write a short note on the relationship between risk and return?
Write down a short note on the benefit of economic in accounting management information?
Cost: The monetary value of resources employed or liabilities or sacrificed incurred to attain an objective, such as to obtain or make a good or to execute an activity or service.
What do you mean by the term Understandability which is accounting information?
Accounts used in governmental accounting to record the budget amounts but not the actual amount. For example, at the beginning of the accounting period, the planned amount of tax revenue, revenue from license, and inflows from fines would be recorded as one amount in
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What are the various modes that the strategic management process can be approached?
How to make a VAT entry in books including set off?
What are the main reasons that the operation of business environment has become ever more turbulent and competitive?
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