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Why Accounting is a means to an end and not an end in itself?
I think the accounting statement indicates that accounting is merely a tool, or a means, for measuring and determining the state of a business. Accounting is not an end in and of itself. Accounting doesn't define a business' purpose or goal. It's strategy and financing of a business plan that is actually the main purpose.
What is the proper noun for the word accounting?
A proper noun is the name of a person, place, thing, or a title; for example:Arlene Lefkoe Accounting Solutions, New York, NYHarvard Business School, Accounting and Management, Boston, MAUS Dept. of Defense, Defense Accounting and Finance Office"Final Accounting", a novel by Linda Lovely
What is the acronym for an organization that promotes the international harmonization of accounting standards?
International Accounting Standards Committee (IASC) by umair sajedin
What is summarizing in accounting?
The word summarizing used in the accounting field means to prepare the trial balance. This is basically balancing the books at the end of the month or year.
What does the abbreviation CM mean in accounting?
Credit Memo
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting?
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
What are the subfields of accounting?
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
What are the accounting area governing accounting profession?
what are the accounting areas governing accounting profession
What is the 3 golden rules of accounting?
personal accounting nominal accounting real accounting
What are accounting principles?
The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been divided into a. accounting concepts b. accounting conventions.
3 important activities in accounting process?
real accounting, nominal accounting,personal accounting
What are the major categories of accounting?
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
What is the difference between manual accounting and tally accounting?
what is the difference between manual accounting and tally accounting?
Is Management accounting starts where financial accounting ends?
Management accounting starts where financial accounting ends
The difference between accounting nations and accounting commerce?
the difference between accounting nations and accounting commerce
What makes budgetary accounting different from conventional accounting?
what makes budgetary accounting different from conventional accounting
Specialized Accounting Fields?
Some specialized accounting fields include: tax accounting, corporate accounting and forensic accounting. Studying for these types of accounting position requires extra classes in college.
