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

What do you understand by internal controls, QUESTION 3 One of the respo...

QUESTION 3 One of the responsibilities of management is to ensure the organisation has an effective system of internal control. Required (a) What do you understand by inte

Benefits, inportant banafits of business communission

inportant banafits of business communission

Branch Manager, How to make a business plan for fmcg products and what are ...

How to make a business plan for fmcg products and what are the key points!

Explain the various stages in team development, Question 1: (a) It is a...

Question 1: (a) It is assumed that the practice of Human Resource Management considers people to be the organisation's key resource, and organisational performance largely depe

Essay, Discuss how the four major conceptual blocks apply in today''s firm ...

Discuss how the four major conceptual blocks apply in today''s firm settings. Specifically, discuss how these four major concepts can be applied to your personal experience in a pr

Transactional leadership, Transactional leadership: The transactional ...

Transactional leadership: The transactional leadership is one more category of leadership style at which point the leader accepts certain tasks to perform and provide rewards

BUSINESS OPERATION, INFORMATION SYSTEM FOR BUSINESS OPERATION.

INFORMATION SYSTEM FOR BUSINESS OPERATION.

Advantages of functional structure, Organisations tend to organise their wo...

Organisations tend to organise their working areas by function, e.g. production, warehouse, sales and marketing, etc.  Business processes occur across these functional groups requi

Inernationalisation of small scale indutries, i have to write a research pa...

i have to write a research paper on the topic on internationalization

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