Accountancy, asked by khushibhardwaj79515, 7 months ago

explain any
three limitations of accounting

Answers

Answered by Priyanshi0365
2

Answer:

1. Measurability. One of the biggest limitations of accounting is that it cannot measure things/events that do not have a monetary value. ...

2. No Future Assesment. ...

3. Historical Costs. ...

Answered by Theheartlover
2

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