Question

18. What should be the features of an ideal system
of Accountancy?
775:​

Answer 1

Answer:

characteristics of good coasting system.

An ideal system of coasting should process the

following characterißtics :

• simplecity coasting sußtem should be simple to operate and easy to understand.
• suitability to the business.
• Economy.
• Elasticity.
• Accursay .
• Comparability .
• promotness.
• Reconciliation of results.