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How does cost accounting connect with financial accounting and management accounting?
Management accounting gathered data or information from cost accounting and financial accounting. After that, it analyzes and interprets the data to prepare reports and provide necessary information to the management.
Advantages of inflation accounting?
An advantage of inflation accounting, is that it can correct problems with inflation. The negative part about inflation accounting is that it is not fair value accounting.
What concept is the most basic concept to accounting?
idea is more basic to accounting than the accounting unit or entity, a term used to identify the organization for which the accounting service is to be provided and whose accounting or other information is to be analyzed, accumulated, and reported.
What do you call someone who works in accounting management?
An accounting manager.
Advantages of historical cost accounting?
strength of historical cost accounting
Explan the term accounting cycle why is it called cycle?
accounting is the systematic representation
What is the accounting cycle?
Accounting cycle comprises all of the accounting activities, from the recording of transaction up to the preparation of financial statements, which are repeatedly performed in every accounting period.
What is accounting cycle or process?
The sequence of activity which are followed in an organization,where accounting is pratise.the sequence of accounting procedure used to record classify and summarize accounting information is known as ACCOUNTING CYCLE/PROCESS.
What is the cost accounting cycle?
Accounting cycle comprises all of the accounting activities, from the recording of transaction up to the preparation of financial statements, which are repeatedly performed in every accounting period.
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 the focal point of the accounting cycle?
focal point of accounting cycle
What is the first step in accounting cycle?
First step in accounting cycle is Journalizing the business transaction in journal which is book of original entry.
Do all companies have an accounting cycle?
Any well run company does have accounting cycles.
How many steps are there in the accounting cycle?
9 steps
What is the Answers to Accounting Cycle Review Problem A?
i need help
What is Conversion cycle in accounting system?
erd of online bank
What are the accounting lifecycle?
The accounting lifecycle is the analysis and examination of a product's economical and environmental impact through its lifetime. This lifecycle is also known as Life Cycle Cost Accounting.
