Accountancy, asked by agpatel1815, 7 months ago

What is the limitation of accounting

Answers

Answered by SamirDangar

1

Answer:

IF YOU LIKE MY ANSWER PLEASE MARK ME AS BRAINLIEST ANSWER

Explanation:

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.

SORRY FOR TAKING YOUR TIME...

THANK YOU

Previous Question

Next Question

Similar questions

Economy, 3 months ago

Find out (a) Gross Domestic Product at Market Price, and (b) Factor Income to Abroad: Items (₹ in crore) (i) Factor income from abroad 40 (ii) Net indirect tax 140 (iii) Private final consumption expenditure 770 (iv) Government final consumption expenditure 270 (v) Net domestic fixed capital formation 220 (vi) Net imports (-) 60...

English, 3 months ago

Some important point about perur pateeswarar temple right answer will be thanked,rated,and will be marked as brainliest... I promise u ...

Social Sciences, 3 months ago

The monsdors were responsible for both...

Science, 7 months ago

write one function of veins...

English, 7 months ago

He__rise early in the morning and go for a walk. (1 Point) Would Could Should Must...

English, 10 months ago

How do you think the bride felt about lochinvar?

Chemistry, 10 months ago

a student dropped few pieces of marble in dilute hydrochloric acid and observed the evolution of a colourless gas identify the gas and write the balanced chemical equation...

India Languages, 10 months ago

Global warming in sanskrit language...