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State whether the following statement is true or false with reasons: Accounting is the language of business. - Book Keeping and Accountancy

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Question

State whether the following statement is true or false with reasons:

Accounting is the language of business.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.
Accounting means how you record, classify, or analyse the business transactions which suggest that accounting is the language of business.
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Accountancy
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Chapter 1: Introduction to Book - Keeping and Accountancy - EXERCISE [Page 17]

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Balbharati Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 4. 8) | Page 17
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