Illustrate the term accounting, Business Management

Assignment Help:

Illustrate the term accounting?

Accounting:

It is an art of classifying and recording data. Here, the data considers to transactions consisting of monetary or financial values. As per this, accounting is merely an art and not a science. Such contention is held due to the fact which the principles and rules of accounting are not based upon general truths and natural laws as any mathematical or physical science. Accounting has its own laws that apply equally well within similar circumstances for same business transactions.


Related Discussions:- Illustrate the term accounting

A retail co. plans to work on a margin of 54% of ret, Ask question #A retai...

Ask question #A retail co. plans to work on a margin of 54% of retail price & to incur other Variable Cost of 4%. If is expected fixed cost of Br. 40,000. i. Find the equation rel

Drawbacks of business-to-business (b2b) e-commerce, QUESTION a) Identif...

QUESTION a) Identify and describe the cultural and social factors that can influence buyers' decisions b) In a buying center purchasing process which buying center participa

Business ethics, what is utilitarianism and what are its benefit in busines...

what is utilitarianism and what are its benefit in business

Economic feasibility analysis, Q. Economic feasibility analysis? Feasib...

Q. Economic feasibility analysis? Feasibility Analysis: - The feasibility analysis carefully examine economic, operational, technical, scheduling, legal and strategic factors o

Explain the term ethical dilemma and how to deal with it, QUESTION 1 (a...

QUESTION 1 (a) Define the term management by objectives (MBO) and outline its unique features (b) Enumerate and explain the two main organizational structures? QUESTION

Explain the importance of oral communication, Question 1: a) Discuss cr...

Question 1: a) Discuss critically on : i) barriers to communication within an organisation. ii) ways to overcome these barriers. (b) State i) the principles and

Acct manager, What strategies might be used in gaining acceptance for an OD...

What strategies might be used in gaining acceptance for an OD program

Illustrate the major and minor managerial decisions, Illustrate the major a...

Illustrate the major and minor managerial decisions? Major and Minor Decisions: Decision regarding financial outlay can be minor or major. A decision associated to the pu

Business level strategy in firm, 1. Discuss the concept of strategy and di...

1. Discuss the concept of strategy and discuss differences between corporate level strategy and business level strategy in firm? 2. "Good corporate governance in firm leads t

You are contracted to provide an assessment and reco, how much will be the ...

how much will be the cost for 3000 words deadline in 9th june

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd