Math, asked by aksharabanda6, 3 months ago

Q2. Give limitations of accounting.

Answers

Answered by Anonymous

0

Step-by-step explanation:

Limitations of Accounting

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

No Future Assesment. ...

Historical Costs. ...

Accounting Policies. ...

Estimates. ...

Verifiability. ...

Errors and Frauds.

Answered by anshvohra24

0

Step-by-step explanation:

Limitations of Accounting

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

No Future Assesment. ...

Historical Costs. ...

Accounting Policies. ...

Estimates. ...

Verifiability. ...

Errors and Frauds.

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