The direct advantages of accounting do not include A. Preparation of financial statements B. Comparison of results C. Competitive advantage D. Information to interested groups

The direct advantages of accounting do not include
A. Preparation of financial statements
B. Comparison of results
C. Competitive advantage
D. Information to interested groups
by

1 Answer

Answer :

C. Competitive advantage
by

Related questions

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Last Answer : (a) Explanation of meaning and significance of the data in Financial Statements.

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Which of the following accounting equation is correct? A. Capital + Liabilities= Assets B. Capital = Assets + Liabilities C. Capital- Liabilities = Assets D. Capital + Assets = Liabilities

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If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt.............. Accounting policies. (A)Lifo method (B)Fifo method (C)Weighted method (D)Uniform

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Last Answer : They include representations of financial statements in accordance with the applicable reporting criteria

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The term financial ananlysis include both --------- and interpretation a) Comparison b) Analysis c) Conclusion d) Constructions

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Accumulated profits include: A. Provision for doubtful debts B. Superannuation fund C. Workmen's compensation fund. D. Provision for Tax

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Micro factors of external business environment does not include A. Competitors B. Customers C. Government Policies D. None of these

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An attestation engagement is one in which a CPA is engaged to: a. Assemble prospective financial statements based on the assumptions of the entity's management without expressing any Testify as an expert witness in accounting, auditing or tax matters, given certain stipulated facts. b. assurance. c. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party. d. Provide tax advice or prepare a tax return based on financial information the CPA has not audited or reviewed.

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Last Answer : Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party