what is the relationships between statistics and 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 statistics to 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.
Statistics is needed for accounting if you become an auditor. As an auditor you need to essentially test a company's financial records and, since it's impractical to go through absolutely everything, you need to pick a sample size that will give you a result at a certain confidence level.
what is the relationships between statistics and 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.
Statistics abound in the Bible, from the "begats" to the enumeration of army strengths, and the like. This is one of the relationships between the Bible and statistics.
what is the relation between manigerial economic and statistics
prepare a bin card in relation to cost accounting
Statistics play a very vital role in accounting. They help in the interpretation of data which is crucial for making proper accounting decisions.
What is the Important of statistics to Accounting?
Statistics are used in accounting to track expenses and assets. It is also used in bookkeeping and preparing income taxes.
Linear Analysis is a technique used in statistics to determine the constant relationship between two variables.
Can you tell me the definitions for these different kinds of relationships in statistics. direct, direct to the nth power, joint, inverse ane regress?
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.
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting