Question

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Mention some limitations of accounting.

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Answer 1

$\huge\red{Answer}$

Limitations of accounting :-

▪️Its not fully exact.

▪️ Unrealistic information.

▪️ Accounting ignore the qualitative aspect.

▪️ Ignore the effects of price level changes.

▪️ Window dressing.

HOPE IT HELPS YOU !!

Answer 2

$\bold\red{\underline{\underline{Limitations \: of \: accounting }}}$

▪️Its not fully exact.

▪️ Unrealistic information.

▪️ Accounting ignore the qualitative aspect.

▪️ Ignore the effects of price level changes.

▪️ Window dressing.

HOPE IT HELPS YOU !!