0
Following are major categories of accounting:
1 - Cost accounting
2- Financial accounting
3 - management accounting
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What are the three major business activities in which accountants play a major role?
Financial Accounting, Managerial Accounting, and Auditing.
What is the major problem in cost accounting?
The major problem in cost accounting is allocation of common and joint costs to individual products.
Identify the two main categories of accounting principles?
General Principles and Specific Principles. If you want to know more about "Basic Accounting Principles and Guidelines" go for below url: www[.]accountingcoach.com/accounting-principles/explanation
What is the major difference between finance and accounting?
The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances
What are the differences between Indian accounting standards and U.S. accounting standards?
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
What two major categories are animals divided?
Wrong category (accounting) but the answer is vertebrates and invertebrates.
Into what two categories has forensic accounting has been subdivided?
Forensic accounting has been subdivided into two categories, (1) litigation support and (2) investigation and dispute resolution
Describe the components and interrelationships of different categories of accounting?
The main categories of accounting include financial accounting, management accounting, and cost accounting. Financial accounting focuses on recording and reporting financial information for external users. Management accounting provides financial information to internal decision-makers and helps in budgeting, planning, and decision-making processes. Cost accounting analyzes the cost of manufacturing a product or providing a service. These categories are interrelated as the information produced in financial accounting is used by management accounting for decision-making, and cost accounting employs the techniques and information provided by both financial and management accounting.
What major do you take to get a 4 year degree in accounting?
Your major would be accounting.
MS-DRG system major diagnostic categories?
25 major categories
What are the three major business activities in which accountants play a major role?
Financial Accounting, Managerial Accounting, and Auditing.
Who are the major users of accounting?
The GAO : Government Accounting Office for one ,
What is the major problem in cost accounting?
The major problem in cost accounting is allocation of common and joint costs to individual products.
What are the four major categories of life insurance?
There are four major categories of life insurance: ordinary, group, industrial, and credit
Where will you find answers to bookkeeping?
We have Accounting and under that is Bookkeeping. Look in Categories on left. Type in Bookkeeping.
What are the categories of minerals?
major and trace
Can you graduate with a bachelors in accounting?
Yes you can. There are many colleges and universities that offer accounting as a major.
