Question

What are the limitations of accounting?

Answer 1

Answer:

One of the biggest limitations of accounting is that it cannot measure things/events that do not have a monetary value. If a certain factor, no matter how important, cannot be expressed in money it finds no place in accounting

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Answer 2

Answer:

one of the biggest limitation of accounting is that it cannot measure things/event that do not have a monetary value.no matter how important,cannot expressed in money it find no place in accounting