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Describe three examples of financial accounting practices and for each, explain how the practice assists in the decision making process
audit procedurees
Journal is an every days record of business transactions, this is also termed a 'Day Book' and is used for recording every day transactions in the order wherein they arise. It is
Standardization in UK and USA: although the Institute of Chartered Accountants in England and Wales began creating recommendations as 1942, real progress started along with the es
describe why a high stock turnover is considered to be a good thing
Explain in Details Return on Investment
Question : (a) Name the agent architectures which are commonly used for designing intelligent agent systems. (b) Name the design methodologies that will be used for constru
A firm of manufactures, whose books are closed on 31st December, purchased machinery for Rs.50,000 on 15 January, 2010. Additional Machinery was acquired for Rs.10,000 on 1st July,
Comprising examined the conceptual origin of the balance sheet we will here try to study the balance sheet by itself. We have observed that every transaction influences the financi
It is generally taken to include currency or legal tender, cheques or any other document which circulates as cash. It is generally classified like a current asset while it is acces
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