Question

Accounting records business transaction and events which are of financial nature. Do you consider it a limitation of accounting?​

Answer 1

Answer:

Yes, accounting records business transaction and events which are of financial nature.

yes, I consider it a limitation of accounting.

Answer 2

Answer:

Accounting records business transactions and events which are of financial nature. Do you consider it a limitation of accounting? Answer: Yes, it is a limitation of accounting because there are events that have a vital bearing on the profitability of the firm and such events are ignored.