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Andrej [43]
3 years ago
15

accounting theories are the foundation for understanding your company's financial direction and developing strategies for long t

erm success. What are some theories that a business owner should be aware of?
Mathematics
1 answer:
scoray [572]3 years ago
8 0

Accounting theories give an idea of ​​how to do it, how to follow it and the corresponding methodology, therefore the owner of a company must recognize these accounting theories to comply within the company.

We have the following accounting theories:

Comparable: It must be presented in a way, which may be compared thoroughly. Such as sales increased by way of 10% from the closing yr.

Relevant: Accounting information ought to be relevant; such as contemporary yr’s records with relevant facts have to be presented in economic report.

Consistent: Methods applied in accounting ought to be consistent; assume immediately line technique of charging depreciation is accompanied since last 5 years. If such technique is converting heavily, like instantly-line for this year and double declining technique inside the coming yr, then the system isn't regular and it doesn’t indicate smooth accounting.

Reliable: There should be reliability; such as coins bills are supported by way of respective vouchers of coins disbursements.

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Answer:

It is not a function!

Step-by-step explanation:

It is not a function!

A function can't have two y-values assigned to the same x-value. In this case, you can se that for x=1 we have two y-values, which are y= -2 and y= -3.

We can have have two x-values assigned to the same y-value, that's why it's okay that for x=1 and x=3 we have the same y-value y=-2

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3 years ago
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astraxan [27]
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