Question

accounting records transaction and event that can be measured in money term. is this, in your opinion, a limitation of accounting or an advantage? give reasons ​

Answer 1

Answer:

Accounting records transactions and events that can be measured in money terms. It this, in your opinion,a limitation of accounting or an advantage? ... Accounting records only financial transaction and events. It is an advantage as transactions of diverse nature are recorded using a common yardstick, i.e., money