answersLogoWhite

0


Best Answer

the difference between income derived from the viewpoint of maintaining financial capital (as in historical cost accounting) and income derived from a system of ensuring that physical capital

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are some of the major strengths and weaknesses of historical cost accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is Dubai's major strengths and weaknesses?

strengths: the women Weaknesses: the men


What are major strengths and weakness of a teacher?

The strengths and weaknesses of teachers depend on the teacher. Some strengths of a teacher may be a good speaker, engaging, as well as patient. Some weaknesses of a teacher may be under-qualified, critical, and undedicated.


What is a major problem in Africa's export economy?

None. Africa is a continent and does not have an overall economy. Individual countries in Africa have their own strengths and weaknesses as far as exporting is concerned.


What are the major categories of accounting?

Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting


What major do you take to get a 4 year degree in accounting?

Your major would be accounting.


Strengths weaknesses opportunities threats of citi bank Ltd?

Two known strengths that Citibank possesses includes a good financial war chest and a very highly skilled work force. It will however face a lot of competition as it expands globally because of major players.


What were the 3 major flaws in the US economy that led to great depression?

Political Weaknesses Economic Weaknesses Social Weaknesses


What is the frank impression of major strengths and weaknesses as a prospective student?

i believe that her strength was having the will to live, having strong faith in god, and never giving up on hope. if it was me and many others in the holocaust, we would probably given up and just die. anne frank didn't do that and i believe that's strengths.


Who are the major users of accounting?

The GAO : Government Accounting Office for one ,


What are the three major business activities in which accountants play a major role?

Financial Accounting, Managerial Accounting, and Auditing.


What were the strengths and weaknesses of the spanish armada plan?

The major weakness was the size of the fleet, in comparison to the size of the Spanish, it was considered about half as big. though they also had some advantages because the English ships were really light and fast


What is the major problem in cost accounting?

The major problem in cost accounting is allocation of common and joint costs to individual products.