accounting provides information about the profitability and financial soundness of the concern in addition, it provides various other valuable information - Accountancy - Theory Base of Accounting

Question

accounting provides information about the profitability and
financial soundness of the concern in addition, it provides various
other valuable information also however, accounting has certain
limitations explain any three of such limitations ​

Vaishali Nebhwani · Accepted Answer

Kindly refer given link for and scroll down to topic "
Drawbacks of Accounting" for your query

https://www meritnation
com/cbse/class11-commerce/studymaterial/accountancy/financial-accounting-part-i/introduction-to-accounting/394_2363_14041

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accounting provides information about the profitability and financial soundness of the concern in addition, it provides various other valuable information also however, accounting has certain limitations. explain any three of such limitations..​

accounting provides information about the profitability and financial soundness of the concern in addition, it provides various other valuable information also however, accounting has certain limitations. explain any three of such limitations..