0
What else can I help you with?
How do you explain accounting as a language of business?
Accounting is often referred to as "the language of business."
What are the Uses of Accounting Package in Tally?
uses of accounting package
What is language of business?
bussiness language is accounting
Is accounting the language of business?
Yes, because all business transaction are recorded using accounting that's why it is called language of business.
What influence does accounting language have on everyday life?
Accounting language can be used in one's personal life because finances remain the same. Terms like budgets, income and expenses are accounting terms found in every day language.
What are the uses of cobol language?
COBOL is used primarily in business applications such as Accounting, Payrolls, Accounts Receivable and Payable. It's name gives that away, viz: COBOL is short for Common Business Oriented Language.
Describe how accounting is the language of business?
Accounting helps people understand businesses based on the numbers associated with a business. Since the meanings of numbers are static, accounting is considered the language of business.
Is accounting a branch of science?
Although it uses some mathematics, accounting is a branch of economics.
Since financial information is communicated in accounting terms. Accounting is said to be?
Language of business
Why accounting is called language of business?
Accounting is a language of business because it communicates all the financials information about working of business to external users.
Why accounting is the language of business?
The reason that accounting is the "language of business" is because of its role in maintaining and processing all relevant financial information that an entity or company require for its managing and reporting purposes. Accounting is aptly called the language of business. This designation is applied to accounting because it is the method of communicating business information. The basic function of any language is to serve as a means of communication. Accounting duly serves this function. The task of learning accounting is essentially the same as the task of learning a new language. To enable the accounting language to convey the same meaning to all people as far as practicable it should be made standard. To make it a standard language certain accounting principles, concepts and standards have been developed over a period of time.
Describe the uses of financial accounting?
describe various uses of financial statements
