answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you solve accounting discrepancies?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you solve accountancy?

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.


Does including the continental shelves solve the problem of fitting the continents together?

Yes, it covers all but the smallest discrepancies.


Solve questions of debenture in advance accounting?

what is debenture


What is importance of mathematics in accounting?

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.


In what jobs do you use exponents?

you can use it in accounting/financing to solve for comound interest.


What has the author W Rogers Hammond written?

W. Rogers Hammond has written: 'Accounting machines' -- subject(s): Calculators 'How to solve accounting problems' -- subject(s): Accounting, Problems, exercises


How do you spell discrepiences?

The correct spelling of the word (plural of discrepancy) is "discrepancies".


Advantages of computerised accounting?

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 documentation?

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


How do accountants use variables?

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


How do you find equity in accounting when only assets are given?

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.


What the different between accounting and finance?

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.