the limitation of the computerized accounting system is the financial date, it's because th
Advantage of computerised accounting system?
This is an accounting system which uses the computer...blah blah blah black sheep
one of the most limitation of accounting is measurement by historical cost
i can't i want ans wer
The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this
Advantage of computerised accounting system?
This is an accounting system which uses the computer...blah blah blah black sheep
the difference is that one is with a computer and the other is with writing utensils. i.e pencil, pen, markers
features of master file in computerised accounting
Exam question!
An accounting system can either be a manual system or a computerised one and both produce similar results when properly applied. An accounting system is part of the organisation's management information system therefore a good or decent accounting system must be able to produce reports like trial balance, aged debtors and aged creditors. Accounting systems must provide data that should enable the production of management accounts, statutory accounts and must also assist the managers and accountants in discharging their stewardship roles.
one of the most limitation of accounting is measurement by historical cost
i can't i want ans wer
The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this
1.6 scope and limitation of the study:
One limitation of computerized accounting is that some errors can go undetected. A human mind has better judgment as to what is sensible and prudent in accounting.
outline four limitation of the accounting rate of return method of appraising new investment.