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What are the uses of statistics in accountancy?

Updated: 11/1/2022

Wiki User

∙ 16y ago

Best Answer

statistic in accountancy helps in knowing the financial position of the business...it also helps in knowing the amount of goods sold ,purchase of the goods and profits of the company...

Wiki User

∙ 16y ago

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What is relationship between agriculture and statistics?

Agriculture uses statistics, statistics does not use agriculture.

What are some uses of statistics in your life?

statistics is used in all aspect of life. so which ever one human finds himself it is alwayz beter to give it a name examples are agricultural statistics, insurance statistics, actuarial statistics,educational statistics,financial statistics etc

Uses of statistics in education?

go to school and ull find out

What is uses of statistics in business organization?

easier for calculate profit

Why is statistics considered a science?

Statistics uses mathematics, which itself is the science of relationships between numbers. This would be my best layperson's answer. Good luck!

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What is differential statistics?

Differential statistics are statistics that use calculus. Normally statistics would use algebra but differential statistics uses calculus instead of algebra.

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What are the uses of national income statistics?

There are so many uses of national income statistics. This is commonly used to measure the economy and living standards of the people in a country.

When was Accountancy Age created?

Accountancy Age was created in 1969.

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SJD Accountancy's population is 180.

When was SJD Accountancy created?

SJD Accountancy was created in 1992.

What are some uses of statistics in your life?

statistics is used in all aspect of life. so which ever one human finds himself it is alwayz beter to give it a name examples are agricultural statistics, insurance statistics, actuarial statistics,educational statistics,financial statistics etc

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What are the uses of statistics in accountancy?

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