it has made our lives easier
A cost accountant plays a big role in the accounting process of a business. Some of the job duties include data collection, inventory, analysis, and other basic accounting procedures.
this question is for better accounting system0si
Management accountants were "number crushers" in the past, but now are respected business advisors and key players on the management team. They have become "generalists," taking on the broader role in strategy formulation, strategy deployment and other value-added activities. They spend more time understanding product and process technology, operations, systems, marketing and strategy.
the departments work
it has made our lives easier
Accounting plays a crucial role in the approval process for loans by providing lenders with financial information about a borrower's creditworthiness and ability to repay the loan. Lenders use accounting data, such as income statements, balance sheets, and cash flow statements, to assess the financial health of a borrower and make informed decisions about loan approval. Strong accounting practices can help borrowers demonstrate their financial stability and increase their chances of getting approved for a loan.
Managerial accounting play a vital role in managers life,Life is veyi easy due to managerial accounting
It would be faster to answer how it does not impact our lives. That is to say it plays a role in almost every single facet of modern life.
accounting is basic math so you kind of need it to do accounting
Role of cost accounting in managerial decision making?"
Accounting is all math. Money is numbers.
Statistics play a very vital role in accounting. They help in the interpretation of data which is crucial for making proper accounting decisions.
Technology plays a key role in the advancement of economy for a nation. With modern technology a nation is able to streamline its process, multiply its production, thus adding to the economy.
A cost accountant plays a big role in the accounting process of a business. Some of the job duties include data collection, inventory, analysis, and other basic accounting procedures.
you did the mathh wrong and must re-do it
this question is for better accounting system0si