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1 What is the nature and scope of accounting?
What is management accounting ?Explain the nature and scope of management accounting management accounting is a part of accounting which is used for decision making lik in the organisation these decision makers prepare cash flow statement wich helps in forcasting the future profit of the organisation
Can you explain how transactions are debited or credited in accounting?
In accounting, transactions are debited or credited based on the accounting equation, which states that assets must equal liabilities plus equity. When a transaction increases assets or expenses, it is debited. When a transaction increases liabilities, equity, or revenue, it is credited.
Explain how can creative accounting affects the cost of capital and what are the likely implications?
Creative accounting can make financial documents of a business look misleading. Many financial institutions my be hesitant to lend money, which will make the business have to pay more for capital.
Can you explain the difference between debit and credit in accounting?
In accounting, debit and credit are two sides of the same transaction. Debit represents money coming into an account, while credit represents money going out of an account. Debits increase assets and expenses, while credits increase liabilities, equity, and revenue.
What is accounting module?
An accounting module refers to a set of standardized parts of accounting that are used in teaching the accounting students. The accounting modules are usually broken down into a number of subjects to enable the learners to easily understand certain accounting concepts.
How do you explain discounting of accounting policies?
Explain discounting of accounting policies
Explain cost center in the context of Cost Management Accounting?
Explain cost center in the context of cost accounting
What are the basic accounting concepts and explain their implications?
what are the implications of accounting principles
How do you explain accounting as a language of business?
Accounting is often referred to as "the language of business."
What problems arise in setting accounting standards?
explain accounting policy involves politics?
List three groups that use accounting information and briefly explain why each has an interest in this information?
how to explain an accounting system used for our company to auditor
Explain the concept of social responsibility accounting?
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
Explain the basic features of accounting principles also describe its concept?
feature of accounting princeple
What is the important of public sector accounting?
Explain why it's important to study public sector accounting.
Do you agree that accounting is vital to the success of a business?
do you agree. "accounting is vital to the success of a business" explain
Explain how fundamental accounting concepts are used in preparing financial statements?
explain using various example, how the major accounting concepts are used in preparing financial statement??
Auditing begins where accounting ends. Explain?
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