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प्रश्न
Do you agree or disagree with the following statement:
Accounting is useful only to the owner.
पर्याय
Agree
Disagree
उत्तर
I disagree with the given statement.
Explanation:
The fact that accounting is a tool that is used for maintaining books and bookkeeping and it is not only useful for the business but is also used for the general public. Accounting is valuable to many stakeholders, not just the owner. It helps investors, creditors, employees, and the government understand the financial health of the business, make decisions, and ensure compliance.
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संबंधित प्रश्न
Select the most appropriate alternative from the given below and rewrite the statement.
A commodity in which a trader deals is known as _______________.
State whether the following statement is true or false with reasons:
Accounting is the language of business.
State whether the following statement is true or false with reasons:
In civilization, accounting was done by owners.
Do you agree or disagree with the following statements :
Totalling of Journal or Ledger is called as casting.