Accounting deals with quantifiable information
Answers
Answered by
1
Answer:
accounting deals only with quantifiable information i.e. the information that can be measured in terms of money .. accounting doesn't record qualitative information
For eg; if a manager leaves his job then this will not be recorded in the books of accounts while at the same time the salary given to him for rs.2000 will be recorded in the books of accounts.
hope it helps!!
Similar questions