0
Add your answer:
Earn +20 pts
What is importance of mathematics in accounting?
The importance of Mathematics in accounting is that different accounting activities require the use of Mathematical principles. Mathematics will therefore help accountants to effectively solve various accounting problems easily.
Multiplying and dividing in different bases would be difficult?
Yes.
When adding polynomials what do you do to the exponents?
You keep them the same if they have different bases
Are two prisms with equal bases always similar?
No. They may have a different height, or slant up at a different angles.
What is the height of a trapezoid with bases 7in and 12 in?
We cannot determine the height of a trapezoid with just the lengths of the bases. Additional information such as the length of the parallel sides or any angles would be needed to calculate the height accurately.
The difference between accounting policies and accounting bases?
The difference between accounting and auditing?"
What are the different type of ledgers in accounting and its meaning?
what are different types of accounting what are different types of accounting
What makes budgetary accounting different from conventional accounting?
what makes budgetary accounting different from conventional accounting
What are the different fields of accountung?
Accounting is a vast field that plays a crucial role in financial management. It is divided into several specialized branches, each serving a unique purpose. Here are the major fields of accounting: Financial Accounting 📊 Records, summarizes, and reports business transactions. Prepares financial statements like Balance Sheet, Income Statement, and Cash Flow Statement. Used by investors, regulators, and stakeholders. Management Accounting 📈 Focuses on internal decision-making. Helps businesses plan budgets, reduce costs, and increase profitability. Includes cost analysis, forecasting, and performance evaluation. Cost Accounting 💰 Analyzes the cost of production and operations. Helps in pricing decisions and cost control. Used mainly in manufacturing and production industries. Tax Accounting 🏛 Deals with income tax, GST, corporate tax, and other regulations. Ensures businesses and individuals comply with tax laws. Helps in tax planning and minimization. Auditing ✅ Verifies the accuracy of financial records. Can be internal (within the company) or external (done by independent auditors). Ensures transparency and compliance with laws. Forensic Accounting 🔍 Investigates financial fraud and legal disputes. Used in crime investigations, insurance claims, and corporate fraud detection. Government Accounting 🏦 Manages public funds, government budgets, and expenditures. Used in public sector organizations and government agencies. Fiduciary Accounting 🏛 Deals with financial management of trusts, estates, and guardianships. Ensures proper handling of inheritance and legal financial responsibilities. Each of these fields plays a vital role in financial systems worldwide. Whether you are a business owner, student, or professional, understanding accounting can help you make informed financial decisions! 📚 Want to master Tally and Accounting? Learn from experts at Excellent Infotech! 🚀
How is computerized Accounting different from Manual Accounting?
It's on the computer...
What is retail accounting?
Retail accounting is the process of accounting for retail businesses. The accounting function in retail isn't significantly different from that of other businesses.
How much money does and accounting clerk earn?
Accounting Clerks in different parts of the world will earn different wages,in different currencies and in different types of companies.
What are the main different between Financial accounting and Cost accounting?
do you have best answer from FA
What is the cost accounting in service organization?
Accounting that categorizes costs at different job units
What kind of education do you need to do business accounting?
Business accounting is typically a job field that requires a degree in order to complete properly. You can major in accounting and have most of your bases covered, because there is a great deal of overlap between business and accounting courses at a typical university.
Types of accounting information systems?
There are so many different types of accounting information systems. Some of the common ones include project accounting, forensic accounting, tax accounting, management accounting and so much more.
What is the different between cost accounting and financial accounting?
the question am asking have not been answered .because financial accounting and cost accounting is not the same nor even having the same answer .
