WHAT ARE LIMITATIONS OF ACCOUNTS ?
- 2 Answers
- 4049 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sarata kumar swain (godhan,ken
like advanstages all things have some of limitations so
accounts having some of limitations that it is historical
in nature ,unable to give actual result but gives
estimated, it takes provissions , unable to make decission
making, takes time to give result of a finacial year,unable
to detect current pogion in the market when the invester
need, having no link with costing and management account.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / manojs
1. historical in nature
2.only monetary terms are taken
3. ignores changes in the money value during
inflations
4.estimates are made
| Is This Answer Correct ? | 1 Yes | 0 No |
what is journal entry to make- provision for liablities and provision for assets
what s BSPL and its significance?
Hi guys, Could anybod tell the what is journal entry when the internal order(rea) is settled?
What are the reason for negative operating cycle?
how to prepare ourselvs and what to know about accounts for interview level and how to give a self introduction
What is corporate restructuring?
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
why at the top of P/L a/c we write for the year ending and at the top of balance sheet we write as on or year ended.
EXPAND_________VBRI
What is deferred Tax, deferred Assets & deferred liability ? What is the procedure to calculate?
Expand---------CADB
what is liquidity crunch?
Audit 
