Question

What are the attributes of accounting ?
(Word Limits 100 - 150)

Answer 1

Answer:

Hierachy of qualitativei information understandability decision usefulness relevance predictive value feedback value timeliness reliability verifiability neutrality representational faithfullness comparability and consistency

Answer 2

Answer:

Accounting includes recording and it's a wider term. It summarizes and classify on the topic of business transaction in the terms of money, analysis of reports and prepation of financial reports.

Attributes of accounting.

classifying.

summarizing.

recording.

analysis and interpretation.

Financial transaction.

communication.

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