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Drawbacks Of Accounting Several of the drawbacks of accounting are: Fails to deliver The complete photograph - Monetary accounting specials Together with the quantitative areas rather then the qualitative elements. It deals only Along with the actions of monetary values, the non-monetary activities like the quality of products and labour relations get ignored. Fails to indicate realisable value - Accounting helps to take care of the equilibrium sheet, but it does not clearly show the level of dollars which the organization realises within the sale of property.
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