It depends on the type of discrepencies, most accounting disrecencies are due to the lack of accuracy (decimal places) when breaking down a large figure. Although more deciaml places in your calculations can help solve discrepancies it can look rather unsiglty on a report.
It depends on the type of discrepencies, most accounting disrecencies are due to the lack of accuracy (decimal places) when breaking down a large figure. Although more deciaml places in your calculations can help solve discrepancies it can look rather unsiglty on a report.
Yes, it covers all but the smallest discrepancies.
what is debenture
The importance of Mathematics in accounting is that different accounting activities require the use of Mathematical principles. Mathematics will therefore help accountants to effectively solve various accounting problems easily.
you can use it in accounting/financing to solve for comound interest.
W. Rogers Hammond has written: 'Accounting machines' -- subject(s): Calculators 'How to solve accounting problems' -- subject(s): Accounting, Problems, exercises
The correct spelling of the word (plural of discrepancy) is "discrepancies".
it help in speedy work it help to solve problem quickly then manual it help- in solving in problem
What are the procedures for reporting discrepancies in the data or documents?Read more: What_are_the_procedures_for_reporting_discrepancies_in_the_data_or_documents
They use them to solve an equation they don't know.Accountants use variables to give a visualization to their customers as to how they are doing the accounting
Answer:The accounting equation states that total assets equal total liabilities plus equity. If total assets are given, you need total liabilities in order to solve for equity.
Accounting is a phylosophical science that helps to a language by which you can understand any information passed by a business. Finance is an important tool of a busuness that helps to solve any kind of finantial problem faced by the business.