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

Strategic planning, discuss the importance of strategic planning to a Zimba...

discuss the importance of strategic planning to a Zimbabwean manager

What are the causes of organisational change, What are the causes of organi...

What are the causes of organisational change? Causes of Organisational changes are as given below: (1) External pressures: a. Change into Equipments and Technology also

Scenerio and script ( business society and planet), hi, i m just asking abo...

hi, i m just asking about my subject business,society and planet. i just want to make a assign,ent on the scenerio and script about virgin australia any ethical issuse are you make

Evaluate three business strategies of contradiction, Ian Davis took over th...

Ian Davis took over the position of MD at McKinsey & Company in 2003. He has numerous opinions from in-house colleagues about future directions of the firm. But as the textbook (Tr

What is the suitable procedure of job evaluation, What is the suitable proc...

What is the suitable procedure of job evaluation? Procedure of Job Evaluation: 1. Know the job to be evaluated. 2. Define and analyse the needs of the job. Write-down

Describe carefully the decision making process, QUESTION 1 According to...

QUESTION 1 According to the systems approach, organizations are open systems today since they must interact with internal and external outside the organizations in order to sur

Humanistic aspects of tq, The human element is the most important input i...

The human element is the most important input in any industrial enterprise and it is the one which is most difficult to control. Quality Management is essentially a control

STRATEGGIC ANALYSIS: THE INTERNAL ENVIRONMENT, explain and use appropriate ...

explain and use appropriate tools and techniques for conducting an internal appraisal

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