answersLogoWhite

0


Best Answer

to improve your knowledge and understanding of small business solutions

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is a knowledge of accounting concepts and terminology useful to anyone in a business activity?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is knwoledge of accounting concept and terminology useful to all individual engaged in business activities?

To Improve your knowledge and understanding of small business solution.


How does an accounting course play a role in earning a business degree?

One of the key aspects to business is a good understanding of accounting principles. An accounting course will help earn your degree towards business because without the knowledge of how money is used an applied a business will fail.


Can you apply for business management without knowledge of mathematics?

Business management requires a degree of mathematics knowledge. The math required often deals with proper accounting.


What is accounting period conversation?

An accounting period refers to the interval between two points in time during which the financial activity of a business is measured.


what kind of knowledge do you need to take accounting classes and earn your masters degree?

The wisest way to prepare for a master's degree in accounting is to have your bachelor's degree in accounting first, or at least in business with an accounting minor or focus.


What does Business Finance mean?

Its the activity concerned with the conservation of capitals and funds, mergers and acquisition in a business finance setting. It also includes accounting.


What is the need of accounting for business?

sir i have a question that.. why we need accounting in business or what is the need of accounting in business


How do you explain accounting as a language of business?

Accounting is often referred to as "the language of business."


What has the author Edward Hamburger written?

Edward Hamburger has written: 'A business dictionary' -- subject(s): Dictionaries, Business 'A business vocabulary of representative terms used in accounting, advertising, banking ..' -- subject(s): Commerce, Terminology 'A business vocabulary of representative terms'


Give an informational presentation to a group ofsmall business owners with no accounting or finance knowledge?

"http://wiki.answers.com/Q/Give_an_informational_presentation_to_a_group_ofsmall_business_owners_with_no_accounting_or_finance_knowledge"


What does fiscal year mean?

Fiscal years means the minimum accounting period for which books of accounts are maintained and business activity is performed.


What is the difference between forensic accounting and regular accounting?

Forensic accounting applies accounting principles and financial analysis to uncover, detect, and prevent fraud or any other malicious activity. It is unique from regular accounting in that it involves a deep dive into the financials to identify evidence of any suspicious activity that could result in legal implications. Protect your business and investments by understanding fraud investigation and implementing its principles into your organization’s internal controls. Take control of your business’s future with NSKT Global! Learn more about this specialized type of accounting today.