Corporate Finance Text Questions and Exercises Chapter One 5. “Why is accounting often referred to as the “language of business”? Accounting is frequently named the language of business because it offers the methods of documenting and communicating business actions and the results of those activities (Albrecht, Stice, Stice, & Swain, 2007, p. 6). Accounting is.
Cash Transaction Essay Preview: Cash Transaction Report this essay Cash TransactionsMarisol SmithAIU6/12/2016DraftAccounting is nothing but “the language of business” without it the health of a corporation is unknown. Basically accounting is the instrument to keep record of a companys doings. Corporations utilize accounting to maintain books from the business in which registers has been made.
