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How will accounting affect peoples daily lives?
Accounting will affect the daily lives of people by making sure all debts are accounted for and making sure people have monies. Keeping good accounting records is a good way to avoid financial troubles.
What are the problems small scale industries can encounter in keeping a good accounting records?
Small scale industries may lack the expertise and knowledge to keep accounting records in accordance with accepted standards. This could lead to legal trouble.
Good internal control dictates that a person who controls an asset also maintains that asset's accounting records?
False
Does the Executrix need to provide receipts with the first and final accounting of a probate estate?
Good records are an important to all executors. A full accounting should be available if the court should request it.
What was good about having cuneiform?
It allowed the people to keep track of economic things and maintain records.
What is a good sentence with the word accounting in it?
There is no accounting for taste. I would like to hear a good accounting of your acitvities today.
Why would it be a good idea to go to college to study financial accounting?
It would be a good idea to go to college to study financial accounting because the job market is getting more and more difficult day by day. A degree goes a long way in separating an applicant from others.
What is meant by a computerized accounting?
It means that the "books" of a business are managed in a computer. QuickBooks, for instance, would be an example of computerized accounting (there are many different softwares). Using Microsoft Excel to organize a business' financial information is also a manner of computerized accounting. The alternative to compterized accounting is manual accounting, which is still practiced by some small businesses. That simply means that the financial records are kept in ledger books and updates are entered with good ol' pen and paper.
What is accounting standard?
it is good...
Where can I get information on online accounting schools?
Finding a very good school of accounting online can be hard. directoryofschools.com/ has a large database of good accredited online accounting schools.
What is some good accounting software for daycare?
Some good accounting software for daycare are Quickbooks and Ezcare. You can find more information at www.mydaycaresoftware.com/accounting-software-for-daycare.php
Why cost accounting is used instead of financial accounting?
cost accounting is used instead of financial accounting because cost accounting is used to determine the cost of the good produced
