0
relation between accounting and statistics is:it helps in the rational [true} decision making.
statistics is concerned with typical value, behaviour or trend over a period of time of series of observations. statistics are useful in developing accounting data and their interpretation
Still curious? Ask our experts.
Chat with our AI personalities
Lao
Judy
RossAdd your answer:
Earn +20 pts
What is the relationship between financial accounting and Statistics?
what is the relationships between statistics and accounting
What is the scope of statistics in accounting?
The scope of statistics in accounting is very broad and the two of them are correlated. Most of the accounting procedures will depend on statistics.
What is the important of stastistics to accounting?
What is the Important of statistics to Accounting?
What is the importance of statistics in accounting?
statistics and accounting both are very similar to each other regarding their uses, because both are tools of decision making. To take decision regarding average, standard and marginal you have to take help from statistics even if you are accountant.
What is relationship between agriculture and statistics?
Agriculture uses statistics, statistics does not use agriculture.
