One of the limitations of accounting is that
...One of the limitations of accounting is that
It ascertain financial position
It prevent fraud
Transactions are recorded in monetary terms
It monitor the progress of the enterprise
Correct answer is C
In accounting, all transactions are recorded in monetary terms. There is no other terms of recording transactions except monetary terms.
The basic role of accounting is to ...
A government accounting systems must make sure that ...
In company accounts, profit after tax is shared in the ...
When a shareholder fails to pay the calls requested from him, this situation leads to ...
The name given to a budget in public service accounting is ...
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Cost classification in relation to charges is determined by the level of? ...