Under which principle, quality of staff management is not recorded in the book of accounts, Explain.
Dear Student
Books of accounts only relates to the accounting and financial information of an entity, It does not include any Qualitative information about management or other things.
It is due to Money measurement Principle that books of accounts only contain financial information and no other information.
Hope this helps, Please get back to us for any query.
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Books of accounts only relates to the accounting and financial information of an entity, It does not include any Qualitative information about management or other things.
It is due to Money measurement Principle that books of accounts only contain financial information and no other information.
Hope this helps, Please get back to us for any query.
Keep posting
Regards