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 relationships between statistics and accounting
What is the Important of statistics to Accounting?
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
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.
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 relationships between statistics and 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?
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
Statistics are used in accounting to track expenses and assets. It is also used in bookkeeping and preparing income taxes.
Accounting education is the what you learn about accounting. You can either go to school or learn the information at your job.
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.
I'd recommend "QuickBooks" which is a great accounting program. The only issue is that it's rather tough to understand that's why there's a great affordable course to learn QuickBooks online that I used myself for my business operations. Link in my Bio if you want to check it out...
One can learn more about accounting on various websites like Ask and Wikipedia. Both websites offer a great amount of information about learning accounting.
Accounting class is a class in which you learn the fundamentals of accounting. Accounting is using math to account for financial assets and involves basic math, such as addition, subtraction, and finding percentages.
Robert M. Trueblood has written: 'Sampling techniques in accounting' -- subject(s): Accounting, Sampling (Statistics)