Why is Accounting sometimes referred to as the language of business?
Why is accounting called the language of business?
Why is accounting called the language of business? Min 200words
Accounting Information System What is meant by the term “segregation of duties control” (sometimes referred to as the “separation of duties control”). Discuss fully. In your explanation discuss the “how”, “when”, “where” and “why” of the segregation of duties control, and some of the limitations or disadvantages of this type of control. You can provide examples to illustrate your explanation.
Accounting professionals must sometimes choose between two or more acceptable methods of accounting for business transactions and events. Explain why these situations can involve difficult matters of ethical concerns.
Accounting is considered the of business Construction Foundation Structure Language
Cost accounting is often referred to as "managerial accounting". Why do you think this is so? Discuss the ways that a company uses cost accounting, and how it uses financial information for the purposes of cost accounting. Discuss the differences between the reports prepared for managerial accounting and those prepared for financial accounting
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Answer the following questions 5 x 3= 15 1. Why accounting is called the language of Business? 2. Why is it necessary for accountants to assume that a business entity will remain a going concern and why should business concern follow matching concept. 3. Write three main differences between Book keeping and Accounting 4. Discuss the importance of financial statements to a company and its investors and creditors and why management may take steps to improve the appearance of...
(1) A firm's weighted average cost of capital (WACC) is sometimes referred to as the hurdle rate. What is the purpose of calculating the firm's WACC? Why is the WACC referred to as the hurdle rate? (2) Based on your opinion, which component cost (cost of debt, cost of preferred stock, cost of retained earnings, or cost of new common stock) is easier to calculate? Which component cost is more difficult to calculate? Why?
Accounting: The Language of Business Discussion Questions 1. What types of people or organizations are interested in financial information about a firm. and why are they interested in this information? 2. What is the function of the Securities and Exchange Commission? 3. What are the three types of business entities, and how do they differ? 4. Why is it important for business records to be separate from the records of the business's owner or owners? What is the term accountants...
The rapid rate of deployment and change today is sometimes referred to as operating on needs analysis Internet time mandatory requirements desirable requirements