Question

4: What is value added reporting explain the process of Reporting ?​

Answer 1

Answer:

Value added is an alternate performance measure to profit. ... Value added is defined as “The wealth created by the reporting entity by its own and employee's efforts and comprises salaries and wages, fringe benefits, interest, dividend, tax depreciation and net profit retained”.

Explanation:

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Answer 2

Value added is an alternate performance measure to profit. ... Value added is defined as “The wealth created by the reporting entity by its own and employee's efforts and comprises salaries and wages, fringe benefits, interest, dividend, tax depreciation and net profit retained”.

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