Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT ARE LIMITATIONS OF ACCOUNTS ?
- 2 Answers
- 4815 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 |
Define capital
what is corporate accounting?
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
WHAT IS DIFFERENCE BETWEEN TDS AND TCS?
What is meaning of ficticious asset
what is depreciation?
what is amortization?
DEFINE "COMMERCE"
what is Future period and adjustment period?
1 Answers Bank Of America, Idea,
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
9 Answers CMF, CSC, Genpact, HDFC, Jempak, MNC, Ramco, Suksh Technology,
how many accounting standards in india
EXPAND______________PSU
Audit 
