Accountancy, asked by princesssaima4225, 1 year ago

Do you think financial accounting, cost accounting and management accounting can be maintained by the same person?

Answers

Answered by sujiritha95
14
cost accounting maintained by cost accountant 

financial accounting maintained by management or CA's in bigger companies 

Management accounting maintained by management  

sujiritha95: pls mark it as brainliest answer
Answered by vchilongo
11

All these can not be maintained by one person, if so then what will bethe purpose of accounting? the purpose of accounting is to ensure that there is a lot of genuineness and integrity for any accountability procedures, if all these tasks are left to one person the accounting information may be biased. NOTE that this tasks can be done by one person but for integrity purposes NO!

Similar questions