Accounting Question:
Download Questions PDF

Is financial accounting necessary?

Answer:

Yes, the accounting calculates the cost of capital to the business. It compares the current, expected, and historic rates of return. Suppose a company is making 12% returns but borrowing money by using the owner's credit card at 22% be good to know that.

Download Accounting Interview Questions And Answers PDF

Previous QuestionNext Question
What are the different branches of accounting?What is fair value accounting?