Define accounting

Q: Describe the basic assumptions of accounting.

A: Accounting is a systematic process of identifying, recording, measuring, classifying, verifying,…

Q: Describe rules-based accounting standards.

A: Financial accounting is the process of recording, summarizing, and reporting all the transactions in…

Q: Accounting

A: Product pricing is a very crucial decision to be taken by the management. Different techniques such…

Q: Definiton of accounting

A: Introduction: Accounting: Accounting is an art of recording , classifying , summarizing, and…

Q: ACCOUNTING THEORY DEFINED AND EXPLAINED

A: Introduction: Accounting is maintaining records of financial events and transactions that occur in a…

Q: Briefly describe the two major fields of accounting.

A: Accounting: Accounting is the process of recording, summarizing, and examining the business events…

Q: Basic purpose of accounting

A: There are two basic purpose of Accounting they are 1. Ascertaining Financial results (Profit ans…

Q: What is ABC system in accounting? Explain with example?

A:

Q: what is the basic accounting model?

A: Accounting Model is the collection of principles, rules and guidelines that form framework for…

Q: Role of Accounting

A: Accounting: Accounting is a process of collecting and organizing financial transactions, analyzing,…

Q: Fince/accounting

A: Bonds are converted into number of shares and these are called as convertible bonds. On MATURITY…

Q: What is accounting? Also define its branches.

A: Every business, when it set up, has to know its plan of how it has to be carried on and what all…

Q: Whole Accounting cycle and example

A: Solution:- Introduction:- Accounting Cycle, also known as “accounting process” or “Book-keeping…

Q: Distinguish between financial accounting and management accounting.

A: Managerial accounting: Management accounting is a practice whereby management reports and accounts…

Q: What are the popular accounting applications?

A:

Q: Briefly define accounting.

A: This question explains about accounting.

Q: differentiate between financial accounting and management accounting

A: Accounting is the process of record of financial data with sorting, storing , retrieving,…

Q: nciples of accounting

A: Principles of accounting are the rules and regulations that must be pursued by an organization when…

Q: explain the purpose and importance of accounting

A: 1. The purpose of Accounting :    The purpose of accounting is to gather and report on financial…

Q: Explain accounting domain with example

A: Accounting domain is the wide range of accounting including its all branches like financial…

Q: Review the basic assumptions of accounting.

A: Financial accounting structure: A system that records, maintains, and creates reports for the…

Q: State the different types of accounting.

A: Accounting refers to a process through which all day-to-day activities or transactions occurred or…

Q: Explain accounting principles.

A: Accounting principles: The conventions or rules those are required to prepare and report the…

Q: Describe the ethics in accounting.

A: Accountants and the accountancy profession exist as a means of public service; the distinction which…

Q: About accounting

A: Financial Accounting- Financial accounting is the process of documenting, compiling, and disclosing…

Q: What are the principle of accounting

A: Principles of accounting are the rules and regulations that must be pursued by an organization when…

Q: Accounting concept and convention

A: Accounting concept is defined as the accounting assumptions which the accountant of a firm…

Q: Define principles of Accounting?

A: Accounting is a way of recording money related transactions in the financial statements of an…

Q: What are the accounting concept?

A: Solution:- Introduction:- Accounting concepts are defined as basic assumptions on the basis of which…

Q: What is Accounting

A: The accounting is main part or language of the business which helps to maintain the all the…

Q: Meaning and types of accounting

A: Introduction: Accounting is one in all the foremost important roles of a corporation. An accountant…

Q: Accountancy concepts should be explained.

A: Accounting fundamentals: Accounting principles refer to the conventions or standards that must be…

Q: List and explain various functions of accounting.

A: Accounting is the process of recording financial transactions pertaining to a business. The…

Q: what is accounting?

A: Bookkeeping refers to the process of identifying, measuring and recording of financial transactions.…

Q: Define Accounts.

A: An account is a summary of the record of all the transactions relating to a person, asset , expense…

Q: Explain the methods of accounting.

A: Accounting methods refers to the ways which are adopted by the company in order to record its income…

Q: w accounting standards in

A: the financial statements of a company are expected to present a true and fair view on the financial…

Q: accounting consept

A: Introduction Accounting Concept: Accounting concept refers to the fundamental assumptions,…

Q: Accounting princippls

A: The accounting is a process to identify the business transactions and record the transactions and…

Q: Hypothetically discuss Assumptions of Accounting.

A: The organization and operation of a business are defined by key accounting assumptions. They…

Q: Define accounting cycle

A: Accounting: It can be defined as the process of summarizing and recording the financial events and…

Q: what makes up accounting theory

A: An accounting theory is a notion that uses speculations, methodologies and frameworks in the study…

Q: Define accounting beta

A: Accounting involves different volatility measurement tools which are used in capital asset pricing…