Accountancy, asked by devindrasingh7606, 14 hours ago

What is the objective of measurement of Business Income?

Answers

Answered by azizjahongirov53
0

Answer:

As a measure of overall efficiency and credit worthiness: Income is the lifeblood of any business enterprise and therefore it provides that basic standard by which the overall efficiency of the business is assessed.

Answered by haniahsimin49517
0

Answer:

Income measurement is the calculation of profit or loss. There are four approaches to determining income. The transaction approach uses an ongoing accounting during operations.

Similar questions