Question

Appointment of marketing managee is not recorded in the books of accounts why

Answer 1

Explanation:

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Answer 2

It is not recorded as only those transactions which can be expressed monetarily are recorded.

• In accounts books, at most the transactions that can be exhibited in financial ways overlooking the subjective perspective are documented.

• As for this situation, the appointment of the marketing manager can not be expressed in financial terms, thus it is not documented in the account books.

• Under the principle of the money measurement concept, the appointment is not recorded.