Accounting accuracy is partially a myth. Accuracy can just mean precise down to the penny with no particular reference to anything. If the accounting number says you have $1M bucks but you have none then it is inaccurate. For something like the VALUE of inventory it is very difficult to say what the correct value is. Even it you say it is the market value -- which market? on what day? Accounting accuracy is a term used to make seemingly precise numbers seem more important than they really are. Accuracy can mean a good predictor for some future event. However, most Accountants do NOT take responsibility for predicting the future ... so it is primarily a by word to make the accounting numbers seem important.
Efficiency, accuracy, and consistency.
expalin accounting as an art?
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The accounting department is responsible for analyzing and tracking numbers. Their accuracy is a significant factor to whether the business will succeed or not.
Arithmetical accuracy. Generation of reports Easy search and comparison.
Efficiency, accuracy, and consistency.
expalin accounting as an art?
Accuracy EfficiencyAccountabilitySolid Transaction audits
Writing resume/, economic,/ statement month/,finance,and business
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what is the answer!!
Public Accounting: Best known for providing audits, CPAs who work in public accounting review company financial records for accuracy and accountability.
Window Based Complete Accounting...
The accounting department is responsible for analyzing and tracking numbers. Their accuracy is a significant factor to whether the business will succeed or not.
devinition
A narrative or record of events.
Arithmetical accuracy. Generation of reports Easy search and comparison.