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Statistics play a very vital role in accounting. They help in the interpretation of data which is crucial for making proper accounting decisions.
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What is the scope of statistics in accounting?
The scope of statistics in accounting is very broad and the two of them are correlated. Most of the accounting procedures will depend on statistics.
What is the relationship between financial accounting and Statistics?
what is the relationships between statistics and accounting
What is the important of stastistics to accounting?
What is the Important of statistics to Accounting?
What is relation between accounting and statistics?
relation between accounting and statistics is:it helps in the rational [true} decision making. statistics is concerned with typical value, behaviour or trend over a period of time of series of observations. statistics are useful in developing accounting data and their interpretation
How is statistics practiced in accounting field?
Statistics are used in accounting to track expenses and assets. It is also used in bookkeeping and preparing income taxes.
Role of managerial accounting?
Managerial accounting play a vital role in managers life,Life is veyi easy due to managerial accounting
Role of cost accounting in managerial decision making?
Role of cost accounting in managerial decision making?"
What is the role of math in accounting?
accounting is basic math so you kind of need it to do accounting
What is the importance of statistics in accounting?
statistics and accounting both are very similar to each other regarding their uses, because both are tools of decision making. To take decision regarding average, standard and marginal you have to take help from statistics even if you are accountant.
What is the role of mathematics in accounting?
Accounting is all math. Money is numbers.
What is the role of computer in statistics?
It can help to create the statistics. Sometimes it is difficult to know the statistics are there if you do not see them on the computer.
What is the role of accounting equation in the study of accounting equation?
you did the mathh wrong and must re-do it
