Accountancy, asked by krrrr88, 9 months ago

What is 'Rule of Thumb"? in commerce​

Answers

Answered by manojchauhan962667
6

Answer:

A rule of thumb is a guideline that provides simplified advice regarding a particular subject. It is a general principle that gives practical instructions for accomplishing or approaching a certain task.

Answered by Anonymous
15

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❍What is 'Rule of Thumb"? in commerce

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✐What is a Rule Of Thumb?

A rule of thumb is a guideline that provides simplified advice regarding a particular subject. It is a general principle that gives practical instructions for accomplishing or approaching a certain task.

Typically, rules of thumb develop as a result of practice and experience rather than from scientific research or theory.✍

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