Do you think financial accounting, cost accounting and management accounting can be maintained by the same person?
Answers
Answered by
14
cost accounting maintained by cost accountant
financial accounting maintained by management or CA's in bigger companies
Management accounting maintained by management
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
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