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What is accounting about?

Accounting is an information science. It is used in collecting, classifying, as well as manipulating financial data for individuals and organizations.


What type of system shuffles census and patient demographic information and deals with billing and accounting?

ADT


Why financial accounting defer with other disciplines?

Financial Accounting just deals with the recording, analysing and classification of financial statements. Whereby other disciplines related to Financial accounting deal with the information "recieved" from Financial Accounting. For example : Management Accounting deals with making decisions for the company's growth and stability, on the contrary Financial accounting provides the data to management accounting for its decision making process.


What is inflationary accounting?

The branch of accounting which deals with the transactions of inflation.


What is green accounting deals with?

The green accounting deals with bankers opening new account for the purpose of money transactions.


What is different between cost accounting and financial accout?

Cost accounting deals with calculating the per unit cost of unit of product while financial accounting deals with reporting of financial performance of the busines


What is the definition of quantifiable and non quantifiable prjects?

What is quantifiable project


Limitation of accounting information?

The limitations of accounting information Despite the usefulness of accounting information, there are some limitations: 1. An accountin


What is the major difference between finance and accounting?

The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances


Which type of accounting information is intended to satisfy the needs of external users of accounting information?

Financial accounting


What are theAdvantages of accounting information disclosure?

what are the advantages of accounting information disclosure?


What is management accounting information used for?

Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, ...