If someone asked you now if you think accounting is important in our society, what will you say?

Q: Hello, I need help solving this accounting problem.

A: When the Company issues stock or shares to its shareholders or employees if the stock option is…

Q: What are the three inputs to the accounting policy-making function? Which do you think is the most…

A: Accounting :— Accounting is the process of recording financial transactions pertaining to a…

Q: Has social media  changed the accounting profession?

A: An accountant is a specialist who handles accounting tasks like account analysis, auditing, and…

Q: How does analyzing more and diverse data around us help answer accounting questions? Give a specific…

A: Data Analyzing is most important factor for the process of accounting/ Auditing. More you analyze…

Q: Based on the picture below, what is the importance of accounting in business?

A: Accounting is the process of recording business transactions, classify them into appropriate…

Q: What is the significance of accounting to people?

A: SOLUTION-   ACCOUNTING TO PEOPLE  MEANS ACCOUNTING TO USERS . THERE ARE SOME USERS OF ACCOUNTING ARE…

Q: What are some of the benefits to obtaining a degree in accounting? What is the difference between a…

A: Accounting: Accounting is a system; or a process of collecting and organizing economic transactions,…

Q: What have you learnt in a course relating to financial accounting?

A: Answer: 1) Financial Accounting: Financial accounting is the method of recording, summarizing and…

Q: What is the role of accounting in business?

A: Accounting: Accounting is a process of documenting all the financial transactions of a business…

Q: Is accounting a trustworthy profession? How would you know whether it is or is not?

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: accounting will help in your personal and professional life

A: Accounting is an often overlooked career, and yet it is a skill that’s used regularly in daily life.…

Q: What function does the Accounting Information System perform today

A: The functions of Accounting Information System is enumerated as below:    Reporting to Management:…

Q: Why shall accounting students need to study accounting theory? Choose one of accounting theories you…

A: Accounting theory means those theories which are used to study and in the application of accounts…

Q: Who is the father of Accounting and why he was called the father?

A: Accounting is a process to identify the business transactions, record the transactions and prepare…

Q: What do you think? Is accounting an art or a science? Please elaborate why you believe your answer…

A: Accounting :— Accounting is a Process of Recording the Financial Transaction related to the…

Q: As an accounting student, what is the importance of studying Taxation and the different BIR forms

A: A tax is a governmental organization's mandatory financial payment or other forms of levy levied on…

Q: In community what are the examples of decisions or questions that can be supported by accounting…

A: Ans. Accounting information helps in decision making in many ways. Some of them are discussed as…

Q: What makes a great education in accounting? What is necessary for colleges to provide? What are they…

A: As it is understood that accounting is one of the language of business. Accounting helps us to known…

Q: How might the job of an accountant be redesigned to make it more motivating?

A: Job redesign can be referred to as the process through various elements, processes, tasks and…

Q: What is accounting and what are your learnings about it?

A: Account: It is often defined as a record maintained in the general ledger of the company and used to…

Q: What have been the roles played by professional accounting bodies in the development of accounting…

A: Professional accounting bodies play a major role in safeguarding the integrity of the reporting of…

Q: What is the purpose of accounting in society?

A: Accounting is the measuring, recording, classifying and communicating financial information to the…

Q: What are the importance of Accounting in our life? How Accounting affects the modern life and Is…

A: Answer: In todays world everything is defined in numbers. Accounting is not just a subject but it is…

Q: What is the benefits of subject accounting in our future? And what is the importance of the subject…

A: Managers, owners, and other stakeholders can use final accounts to get a sense of a company's…

Q: Why we need public accounting

A: Public accounting: When the public accountants provide services from a public accounting firm to the…

Q: efine what is accounting? How accounting used in our daily activities? What is the nature of…

A: Accounting has emerged as a subject for students that can be used in wide range of activities, say…

Q: Why should you as accounting student need to understand normalization

A: Normalization techniques are important because they help in proper storage of data by eliminating…

Q: What are the major contribution of Luca Pacioli to the development of accounting?

A: Luca Pacioli presented the use of journals and ledgers in accounting processes, emphasizing the…

Q: Why do people care about accounting?

A: This question discusses accounting.

Q: What really is accounting, and how does it apply to the business world

A: Accounting: It is the process of recording any financial transactions incurred in the financial year…

Q: Why is it important for any person (other than accountants) to know the basics of accounting?

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: What is the role of accounting in business ?

A: Accounting is the process of identifying, recording, summarising and analysing financial information…

Q: a) Who is the Father of Accounting?                                                      b Explain…

A: Accounting is the process of recording financial transactions of a business and includes…

Q: How one can help the Financial Accounting Department of a multinational company if he/she is hired?

A: Preparing financial statements, managing the general ledger, paying taxes, billing clients,…

Q: What really is accountants, and how does it apply to the business world?

A: Introduction:- Accounting plays important role in every business because it helps you track income…

Q: why do you think accounting is important especially on businesses?

A: Accounting is defined as the systematic and detailed recording of the financial transactions of a…

Q: what is the importance of accounting?

A: Accounting principles are a set of general rules and recommendations that businesses must follow…

Q: why accounting important to people?

A: Accounting: Accounting is recording , classifying, summarising , analysing and interpreting of…

Q: What is the importance of Accounting's definition, nature, history, and internal users of its…

A: Accounting information consist of accounting data evaluation, assessment and final result. Financial…