What is Accounting?
Answers were Sorted based on User's Feedback
Answer / pawan kumar jangir
Accounting is the art of Recording, Classifying &
Summarizing all monetary term information about business.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / vivek
Accounting is a method or system used to keep track of and
determine the financial status of a person or company's
income/assets and outlay of money/possessions.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vandana
To provide a record such as funds paid or received for a
person or business. Accounting summarizes and submits this
information in reports and statements. The reports are
intended both for the firm itself and for outside parties.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / anil bhingare
Is an art of recording business dealing in set of books. It
is the summerized record of transaction relating to one
person one head of expenses or losses / or one head of
incomes or gains.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / mubarak
Accounting is the art of recording,classifying,
summarising,in significant manner and in terms of money ,
transaction and events which are in part of atleast and
interpreting the results there of .
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anil bhingare
It is summerized record of transaction relating to one
person one head of Expenses or Losses and one head of
Incomes or gains.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sidhartha
Accounting is the language of business and involves
recording, classifying and summarizing the financial
transactions of a business in a prescribed manner for the
benefit of its users
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / ajay mishra
Accounting is an art, and an accountant is a person who
gives accounts for busuness its many characters likes
recording data of business, summarzing and classifing by a
businessman and by the C.A.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / srinivas annavarapu
Accounting is an art starting from recording day to day
transactions to preparing financial statements of a
business / firm to disclose the financial position of the
business to the benefit of interested parties (like
shareholders & statutory authorities).
| Is This Answer Correct ? | 1 Yes | 1 No |
Consider the following data for a particular period: Portfolio (P) market (M) ---------------------------------------------------- ----- Average return 35 % 28 % Beta 1.2 1.0 Standard deviation 4.2 % 30 % Non-systematic risk 18 % ---- Calculate the following performance measures for portfolio (P) and the market (M) by using Sharpe, Jensen and Treynor methods. The T-bill rate during the period was 6 % by which measures did portfolio P outperform the market $
Different types of capital issues
what is the generic difference between debt and equity?
9 Answers Deutsche Bank, Utkal Alumina International,
differentiate investment and finacing decisions
What Are Hedge Funds?
ipls send me the type of interview questions asked in andhra bank clerical interview
hi,my name is shiva.i have completed mba first year and i have vacation. my goal is to join an IT firm and im taking mba finance. what r the subjects i should on and what r the probable questions i may face (mention topics)
Which banks give preference to nbet candidates?
Explain different types of bank loans?
1.Define Tax Avoidance? 2.Define Tax Evation? 3.Define Tax Planning? 4.Define Tax Management? 5.what are the effort to checj Tax evation?
what is the concept of finance accounting?
What Is Cp?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)