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प्रश्न
______ is the language of business.
पर्याय
Accounting
Book keeping
Book maintaining
Book recording
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उत्तर
Accounting is the language of business.
Explanation:
Accounting is often referred to as the language of business. Through accounting, businesses communicate their financial performance, position, and cash flows to stakeholders, including investors, creditors, management, and regulators. Accounting provides the necessary information for decision-making and helps understand an organization's financial health.
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संबंधित प्रश्न
According to the ______ Principle of accounting, transactions are recorded on the assumption that the business will exist for an indefinite period of time.
GAAP stands for ______.
What is business entity concept of accounting?
What is meant by going concern concept of Accounting.
Name the basic principles of accounting.
"The capital provided by the owner is treated as a liability of the firm." Explain the concept on which the above depends.
"Every transaction affects at least three accounts." Comment.
Explain the money measurement principle of accounting.
Explain any two basic concepts of accounting.
Explain the realisation principle.
