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Is Accounting ingrained in your society and it is vital to your economic system in the US?
Wiki User
∙ 13y ago
is accounting ingrained in our society and it is vital your economic system in the US?
Wiki User
∙ 13y ago
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Accounting is ingrained in our society and it is vital to our economic system do you agree Explain?
Accounting - good or bad - is what makes or breaks a business. A good accounting system will provide the management with the tools to make profitable business decisions. Management, large or small, can see what's profitable and what's causing the business to lose money. A poor accounting system, whether it is sloppy or just plain illegal can ruin a business. Management will make poor decisions based on poor or non-existent accounting systems. Management sometimes chooses to use accounting for unethical motives. In either case, accounting IS ingrained in society and affects the economic system for better or worse. Accounting is vital because is a gauge that gives an indication of how well the economy is growing, the areas that need improvement and the areas that need to be improved.
Is defined as the establishment of an economic system in a society?
sociology
What is the goal of a command economic system?
to make society more equal
What type of economic system does Namibia use and why?
Namibia has a traditional economic system, because they are very agricultural and they don't really rely on the growth of human society today.
In which economic system do most members of the society have specific jobs with no government involvement?
traditional
How does accounting provide relevant data to the internal users?
Accounting is ingrained in our society and it is vital to our economic system do you agree Explain?
Accounting is ingrained in our society and it is vital to our economic system do you agree Explain?
Accounting - good or bad - is what makes or breaks a business. A good accounting system will provide the management with the tools to make profitable business decisions. Management, large or small, can see what's profitable and what's causing the business to lose money. A poor accounting system, whether it is sloppy or just plain illegal can ruin a business. Management will make poor decisions based on poor or non-existent accounting systems. Management sometimes chooses to use accounting for unethical motives. In either case, accounting IS ingrained in society and affects the economic system for better or worse. Accounting is vital because is a gauge that gives an indication of how well the economy is growing, the areas that need improvement and the areas that need to be improved.
Is defined as the establishment of an economic system in a society?
sociology
The goal of a command economic system is?
To make society more equal
What is the goal of a command economic system?
to make society more equal
What are the 6 systems of society?
family system, political system, religious system, economic systems, legal systems, education system
What economic system took hold in Europe and greatly affected society?
Capitalism.
What country have tradiTional economic system?
I've been doing this in society and environment at the momentsome are;Ethiopia.Uganda.Most traditonal economic system countries are living in third world conditions
What type of economic system does Namibia use and why?
Namibia has a traditional economic system, because they are very agricultural and they don't really rely on the growth of human society today.
What does it mean to manage the accounting system?
To manage an accounting system. The system that manages the accounting. Accounting is: The action or process of keeping financial accounts
System of Accounting?
what is accounting system and what thier types?
In which economic system do most members of the society have specific jobs with no government involvement?
traditional
