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What is the major problem in cost accounting?

The major problem in cost accounting is allocation of common and joint costs to individual products.


Define the economic problem?

define economic problem


Identify two important issues in international accounting today?

The two important issues affecting international accounting today are the different accounting standards or principles being used by businesses around the world; and lack of ethical principles within the accounting profession i.e. driven by agency theory. The different accounting principles have created the problem of comparability and increased in costs to the industries that fetch the services of accountant. The lack of ethical principles have led to the failure of companies.


What are problems in accounting?

Most of the people do not know the rules of Debit and Credit. That is the main problem in accounting.


What the different between accounting and finance?

Accounting is a phylosophical science that helps to a language by which you can understand any information passed by a business. Finance is an important tool of a busuness that helps to solve any kind of finantial problem faced by the business.


Why is the Choice is an important element in the basic economic problem?

I bet you regret learning about economics now because i do ok, i do


What is the answer to comprehensive problem1 the accounting cycle?

There is not a way to give you the answer to the comprehensive problem one on accounting cycle. You will have to study to answer this question.


What is economic consequences?

the consequences of the economic problem


What is the Answers to Accounting Cycle Review Problem A?

i need help


What is the micro economic problem in the Philippines?

One of the most important is the infrastructures one example is the airport which drives out tourism in the country.


What is the importance of national income accounting figures?

1. it help to know economic problem of under developed country 2. it help to measure inflationary 3. national income accounting throw the light on distribution income in economy 4. it help to measure the welfare of the citizens or country by EMMANUEL GASPER MZUMBE UNIVERSITY


Invested 1500 into business plus supply value 500. what is the accounting journal entry for this problem?

Invested $1500 to start the business plus supply value $500. what is the accounting journal entry for this problem?