Senior Accountant Question:

Do you know what are accounting principles?

Senior Accountant Interview Question
Senior Accountant Interview Question

Answer:

The Accounting Principles are the assertion rules of accounting and the application of these rules, method, & procedures to actual practice of accounting.

These Accounting principles have been divided into

A. accounting concepts
B. accounting conventions


Previous QuestionNext Question
Do you know what is computerized accounting?Explain me is an “account receivable” and “goodwill” real accounts in accounting?