Accountancy, asked by nayansahni12, 7 months ago

wite the limitations of accounting​

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Answered by hiibro435
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Answer:

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Limitations of Accounting

Measurability. One of the biggest limitations of accounting is that it cannot measure things/events that do not have a monetary value. ...

No Future Assesment. ...

Historical Costs. ...

Accounting Policies. ...

Estimates. ...

Verifiability. ...

Errors and Frauds.

Explanation:

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Answered by Anonymous
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Answer:

Limitations of Accounting

Measurability. One of the biggest limitations of accounting is that it cannot measure things/events that do not have a monetary value.

No Future Assesment.

Historical Costs.

Accounting Policies.

Estimates.

Verifiability.

Errors and Frauds.

Explanation:

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